In today's financial update, UMBS 6.0 saw a 9 basis point decline in the morning, with the 5.5 and 5.0 performing better, raising hopes for them to return to profitability. The weakening of [...]
UMBS are flat on the open. Treasury yields moved lower in late trading Yesterday as investors looked ahead to the latest round of Fed Minutes. The recent data has shifted market expectations to [...]
UMBS are down 6 bps on the open. Stocks flat as well with S&P futures up 3.5 Bonds were weaker in the overnight session. As was the case on Tuesday, Treasuries were highly correlated [...]
UMBS starting the week off bad this morning. Down 39 bps. Overnight, bond markets weakened, and the reasons behind this aren't entirely clear. Some attribute it to last Friday's rally before the weekend [...]