MBS up 16 bps on open. Stocks flat. Bonds rallied overnight due to a sharper rally in EU bonds. 10yr yields dropped to 3.743 before Retail Sales data and rallied slightly afterward. Pushback [...]

Stocks open flat after a week of historic gains as China's Q2 growth falls short of estimates. Banks downgrade China's growth forecasts, risking Beijing's GDP target. Yields decline due to lower inflation, but [...]

Proving that you can't win them all, MBS are down 30 bps on the morning. Stocks up 12 points. UMBS 5.5 coupons were just down nearly 3/8ths of a point. A split second [...]

Mortgage Today: MBS and Stocks Rally After Lower-Than-Expected CPI Data Core CPI came in below expectations, at 0.2% month-over-month, annualizing to 2.4%. This is seen as a sign that inflation may be peaking, [...]

MBS are up 53 mighty basis points in the AM. Stocks up 44 points A 0.2% "miss" in core CPI is one of the better eventualities that bonds could have hoped for today. [...]

MBS are + 9 bps. Stocks up 6. China’s latest economic support measures buoyed stocks and commodities on Tuesday, though the mood was tempered by policy makers’ warnings of higher-for-longer interest rates. While [...]

MBS up 28 bps on the morning. Stocks up 10.5. It's a characteristically slow summertime Monday morning and bonds are left to trade without any meaningful market movers. Such conditions often result in [...]

Bonds were slightly weaker heading into the jobs data, but still inside yesterday's range. After the calm result, red is turning to green with 10yr yields quickly dropping. MBS are up 13 bps [...]