Popular UMBS coupons were flat on the morning. Lower coupon 5.5 is up a quarter point on the morning. Though still below 100. US equity contracts slid as traders pushed back on optimistic [...]
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 6.5 are down 41 bps on the morning. Giving back about 1/2 of yesterday's gain in like an hour. Stocks were doing well though. Core m/m PPI = 0.0 vs 0.3 f'cast [...]
UMBS were down 14 bps on the open. Seems to be the standard answer lately. US equity futures pointed to a slightly weaker start for Wall Street, following two weeks of robust gains, [...]
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 down 19 bps to start the week. Stock and bond markets steadied after last week’s blockbuster rally, with traders still optimistic that US and European central banks may start cutting interest rates [...]
UMBS 6.5 are up 44 bps early. Bonds were only modestly stronger overnight but are adding to the gains after the jobs report. While this is a miss, it isn't a huge miss, [...]
UMBS are up 39 bps - with S&P futures up 39.25 - after the first hour. Bonds were stronger in the overnight session with most of the gains arriving right at the start. [...]
