MBS pretty flat at -5 bps on the open. Bonds were slightly weaker overnight with more of the losses seen during Asian market hours for a change (European hours have accounted for most [...]

MBS down 6 bps on the open. Bonds were already moderately weaker overnight after following choppy selling in Europe. This econ data is not helping for obvious reasons (strong economic data = bad [...]

MBS 5.5 up 6 bps early. Not much, but on the good side of things for once. Bonds were flat to slightly weaker in Asia, but rallied with European bonds after 3am on [...]

MBS 5.5 down 16 bps to start the day. Bonds had a mixed overnight session, holding flat in Asia, rallying into European hours, then selling back to unchanged after EU PMI data came [...]

UMBS 5.5 is off 23 bps early. "Supply" is the theme of the day/week so far with bonds drifting weaker in the overnight session as European supply pushed EU yields higher. Now in [...]

Friday - January 20, 2023 MBS down 11 bps early. Bonds began the overnight session with minimal losses, but yields rose at a faster pace when European trading started.  There are no big-ticket [...]

UMBS down 8 bps on the open. Bonds began the overnight session in stronger territory as overseas buyers dogpiled on Wednesday's strong move. Gradual weakness set in after that. Jobless Claims * 190k [...]