MBS up 5 bps on the morning. At least it's green!! Stocks in the red, down 31 points Bonds were already modestly weaker in the overnight session but started losing more ground after [...]

MBS taking a hit early. Down a quarter point in early trading. Stocks down about 9 points. Bonds were almost perfectly flat in the overnight session as traders scratched their heads trying to [...]

MBS woke up on the Positive side of the bed, being up 19 bps. Stocks gaining 46 points early. Core CPI m/m = 0.2 vs 0.2 f'cast [0.2 prev] Core CPI y/y = [...]

MBS are up 5 bps in the early hours of trading. Stocks are flat. A relief rally in Italian shares boosted risk appetite, while US equity futures pointed to a recovery on Wall [...]

Mortgage-backed securities (MBS) are down almost half a point early this morning. Bonds got spanked overnight despite a lack of overt motivations. Yields had risen more than 5bps by the open, but at [...]

MBS were down 39 bps on the AM, while stocks have lost 31.5 points. Fitch Ratings downgraded the U.S.'s credit rating from AAA to AA+, but this will have minimal negative impact. ADP [...]

MBS up 9 bps on the day. Stocks up about 12. The week ahead will be dominated by the jobs report on Friday. We will also get ISM data and productivity. The Street [...]

The bond market faces challenges due to excessive economic growth. Gross domestic product rose higher than expected at 2.4% in Q2. Consumption and corporate spending contributed, while residential construction hindered GDP growth. Inventory [...]