MBS up 13 bps. Stocks down 18. Long before Jobless Claims and Philly Fed hit the wires, producer price inflation data in Germany came in lower than expected, sparking a decent rally at [...]

MBS up 9 bps. Stocks flat. The construction data this morning is almost never a relevant market mover for bonds and today's installment isn't much of an exception. There was a slight amount [...]

MBS down 9 bps. Stocks flat. With the global financial market finally out of holiday weekend mode, US bond trading hasn't found any new inspiration for better or worse. Trading was almost perfectly [...]