MBS up 5 bps early ; Stocks pretty flat Bonds were sideways in Asia and then stronger in Europe. 10yr yields were at their lowest levels of the day (3.253) just after the [...]

Stocks & Bonds both down. MBS down 2 bps. Stocks down 12 pts Bonds were almost perfectly flat in the overnight session. 10yr yields and MBS were unchanged ahead of the 8:15am ADP [...]

MBS up 5 bps on the open. Stocks up a bit Bonds lost ground the moment overnight trading opened on Sunday night owing to a quick surge in oil prices (driven by an [...]

MBS are down 6 bps on the morning. Bonds began the overnight session at unchanged levels and held close to there through 4am ET.  EU bonds rallied and faded over the next 4 [...]

MBS down 53 bps on the day. Stocks up about 25 points. Bonds were much weaker overnight with no new news on the banking contagion front. Stronger data in Germany and zero usage [...]

Monday - March 20, 2023 MBS down 9 bps to start the week. Treasuries hit their lowest yields since September right at the start of the European trading session as the UBS takeover [...]

Wild morning on the bond market. MBS now down 2 bps. Though there was 26 bps of movement (both directions) to get here. Back to "Zero Days" Without a Systemic Banking Contagion Flare-Up. [...]

UMBS are up 8 bps and S&P up 37 points. Bonds began the overnight session drifting very gently stronger but began losing ground during European trading hours. Several central banks hiked rates as [...]