MBS are down 22 bps on the morning. Stocks losing about 20. Bonds were gradually weaker in choppy trading overnight. UK bonds led the selling in during European hours following a higher CPI [...]

MBS up 5 bps early. Stocks have lost 20 points. The New Residential Construction report (the source of starts/permits above) almost never accounts for a reaction in financial markets. This morning is proving [...]

MBS down 17 bps on the open. Stocks gained 19.74 Bonds were already moderately stronger on the day and are extending the gains cautiously so far. Coming in as-expected at the core level [...]

MBS down 17 bps on the open. Stocks gained 19.74 Bonds were already moderately stronger on the day and are extending the gains cautiously so far. Coming in as-expected at the core level [...]

MBS were completely flat early. Bonds extended Friday's selling pressure at the start of the overnight with both 10yr yields and longer-run Fed rate expectations lurching higher in Asia. The European session added [...]

MBS were completely flat early. Bonds extended Friday's selling pressure at the start of the overnight with both 10yr yields and longer-run Fed rate expectations lurching higher in Asia. The European session added [...]

MBS opened flat but later dropped by 25 bps, while stocks rose by 25 points. The Nonfarm Payrolls report surpassed expectations with 339k jobs added, but unemployment increased to 3.7%, and earnings fell [...]

MBS up 23 bps in the morning. 3 winning mornings in a row. Stocks up 8.89 points Challenger Job Cuts= 80.1k vs 92k f'cast ADP Employment = 278k vs 200k f'cast [296k prev] [...]