Wed, Aug 8 2012, 8:13 AM
Europe moved further into a "risk-on" stance yesterday where a combination of lesser events and pieces of news combined in a unified push to weaker le...
Wed, Aug 8 2012, 4:15 PM
MBS Live : MBS Afternoon Market Summary
Today may turn out to be one of the last few bits of weakness before bond markets finally put their fo...
Wed, Aug 8 2012, 2:59 PM
Mortgage Rates held steady to slightly improved today after a disconcerting rise to the highest levels in a month yesterday. That said, today's rat...
Tue, Aug 7 2012, 11:20 AM
MBS Live : MBS Morning Market Summary
Market participants as well as the trends in trading levels all to ok the day of yesterday, but at...
Tue, Aug 7 2012, 6:07 AM
Monday's volume was as light as it's been since early April. Markets took a breather following the intense events on the last three days of the previ...
Tue, Aug 7 2012, 4:25 PM
MBS Live : MBS Afternoon Market Summary
Bond markets were increasingly punished during the late overnight session as Europe essentially sen...
Tue, Aug 7 2012, 3:15 PM
Mortgage Rates resumed last week's pattern of volatility moving to meet their highest levels in roughly a month. At this point, some lenders have e...
Mon, Aug 6 2012, 11:37 AM
MBS Live : MBS Morning Market Summary
It's completely dead out there. Sometimes we see days/weeks like this ahead on the calendar and can ...
Mon, Aug 6 2012, 8:20 AM
Compared to last week, which boasted several major central bank policy announcements and the jobs report, the week ahead is a relative ghost town in t...
Mon, Aug 6 2012, 4:21 PM
MBS Live : MBS Afternoon Market Summary
"Inside Day" is a term that is occasionally used to denote market movement that is relatively more ...
Mon, Aug 6 2012, 2:31 PM
Mortgage Rates eased to slightly lower levels today after rising abruptly on Friday. The past week and a half saw some of the biggest day-over-day ...
Fri, Aug 3 2012, 12:16 AM
Central banks have failed to incite lasting motivation for bond markets to abandon their low, sideways depression. Mario Draghi's comments about doin...
Fri, Aug 3 2012, 11:36 AM
MBS Live : MBS Morning Market Summary
There are clearly visible players as well as 'behind the scenes' players involved in a rather brisk s...
Fri, Aug 3 2012, 4:31 PM
MBS Live : MBS Afternoon Market Summary
Relative to the past two months of relatively tame day-over-day movement
and relatively light vol...
Fri, Aug 3 2012, 2:27 PM
Mortgage Rates rose abruptly today capping a 6 day stretch that has seen the biggest swings of the past 7 weeks. Although the movements seen in sev...
Thu, Aug 2 2012, 11:23 AM
MBS Live : MBS Morning Market Summary
A week after ECB President Mario Draghi's strongly worded rhetoric prompted a rally in the Euro and ...
Thu, Aug 2 2012, 7:34 AM
After Wednesday's FOMC Announcement failed to motivate markets much, the onus falls even more clearly on today's ECB announcement. This was already p...
Thu, Aug 2 2012, 4:25 PM
MBS Live : MBS Afternoon Market Summary
Today's ECB headlines lived up to their potential at least in one way: they created volume and vola...
Thu, Aug 2 2012, 3:50 PM
Mortgage Rates ranged from unchanged to slightly improved today after facing a tremendous amount of uncertainty in the past two days. Yesterday's F...
Wed, Aug 1 2012, 11:27 AM
MBS Live : MBS Morning Market Summary
By now, we hope it's been mentioned enough that we're all on the same page about markets in general,...
Wed, Aug 1 2012, 8:20 AM
Coming off two positive days in a row to begin the week in bond markets, things get a bit more serious today. Whereas Monday and Tuesday could have j...
Wed, Aug 1 2012, 4:12 PM
MBS Live : MBS Afternoon Market Summary
As far as FOMC Announcements go, today saw a much lighter than normal volume and volatility. Trading r...
Wed, Aug 1 2012, 3:45 PM
Mortgage Rates moved higher today after the Fed released a largely unchanged monetary policy statement. Some market participants were hoping that t...
Wed, Aug 1 2012, 2:19 PM
Information received since the Federal Open Market Committee met in April June suggests that economic activity decelerated somewhat over the eco...
Tue, Jul 31 2012, 11:22 AM
MBS Live : MBS Morning Market Summary
As has been the case many times in recent memory, the majority of today's day-over-day change took p...
Tue, Jul 31 2012, 7:56 AM
Markets are not shy about the fact that the week begins in earnest today. Both at home and abroad, we see the highest concentration of economic data ...
Tue, Jul 31 2012, 4:28 PM
MBS Live : MBS Afternoon Market Summary
Last Thursday and Friday were bad for MBS. The rest of the week up to that point was good. In fac...
Tue, Jul 31 2012, 4:07 PM
Mortgage Rates continued their bounce back from abrupt weakness on Friday. The two days of gains so far this week bring rates back within striking ...
Mon, Jul 30 2012, 11:18 AM
MBS Live : MBS Morning Market Summary
There's definitely a more even-keeled tone about today's trading vs Friday's, when the big news hit ...
Mon, Jul 30 2012, 8:32 AM
This is it! The week where the fate of the world is decided! If your first thought upon reading that was to be skeptical, you're on the right track....
Mon, Jul 30 2012, 4:16 PM
MBS Live : MBS Afternoon Market Summary
Standing as the starting point for a week that promises a chance volatility and big moves, today wa...
Mon, Jul 30 2012, 2:26 PM
Mortgage Rates bounced back into slightly lower territory after rising abruptly on Friday afternoon. Thursday and Friday of last week marked the ...
Fri, Jul 27 2012, 11:21 AM
MBS Live : MBS Morning Market Summary
MBS and Treasuries are thus far doing an admirable job of holding their ground against what has been ...
Fri, Jul 27 2012, 7:55 AM
In many ways, the most exciting thing about today could be that it's the last day to get out of the way before getting to FOMC week. Despite the oste...
Fri, Jul 27 2012, 4:45 PM
Mortgage Rates moved sharply higher today after markets received additional indications that the European Central Bank, or "ECB," is intent on doing ...
Fri, Jul 27 2012, 4:41 PM
MBS Live : MBS Afternoon Market Summary
ECB Pres Mario Draghi was the subject of our discussion yesterday afternoon after his impassioned speech ...
Thu, Jul 26 2012, 11:18 AM
MBS Live : MBS Morning Market Summary
As noted in the morning alert below, the crux of this morning's weakness is attributable to ECB Pres...
Thu, Jul 26 2012, 8:35 AM
Wednesday turned out to be the tamest day of the week for bond markets as production MBS not only traded inside Tuesday's range, but Monday's as well....
Thu, Jul 26 2012, 4:26 PM
MBS Live : MBS Afternoon Market Summary
Bond markets were utterly deprived of excitement in the overnight session until ECB Pres Mario Drag...
Thu, Jul 26 2012, 4:02 PM
Mortgage Rates were broadly unchanged today as some lenders' rates improved while others moved higher, not to mention the many who held close enough ...
Wed, Jul 25 2012, 11:16 AM
MBS Live : MBS Morning Market Summary
Once again, European markets set the stage for a weaker start to the day for MBS and Treasuries. Th...
Wed, Jul 25 2012, 8:42 AM
It's all well and good to talk about the economic calendar or the Treasury auction cycle as if it were some bygone era where such things had the same ...
Wed, Jul 25 2012, 4:12 PM
MBS Live : MBS Afternoon Market Summary
Things were looking slightly risky earlier today. Bond markets were weaker overnight on Euro bulli...
Wed, Jul 25 2012, 3:39 PM
Mortgage Rates were very slightly lower in most cases today though many lenders held relatively steady and a minority were higher. That makes toda...
Tue, Jul 24 2012, 11:34 AM
MBS Live : MBS Morning Market Summary
Treasuries traded weaker overnight as German Bunds took a major hit from the Moody's downgrade war...
Tue, Jul 24 2012, 8:17 AM
To do anything other than to credit Europe with the bulk of this week's market-moving potential looks increasingly like folly. Domestic events were o...
Tue, Jul 24 2012, 4:27 PM
MBS Live : MBS Afternoon Market Summary
Treasury yields were higher overnight in response to general upward from German Bunds after Moody's pu...
Tue, Jul 24 2012, 3:09 PM
Mortgage Rates moved slightly highe r today after falling sharply to new all-time lows yesterday. The end result is rates that are still noticeably...
Mon, Jul 23 2012, 11:13 AM
MBS Live : MBS Morning Market Summary
MBS and Treasuries both hit their all-time strongest levels early this morning with 10's dipping to ...
Mon, Jul 23 2012, 8:32 AM
10yr yields moved to new all-time lows overnight as the slow-motion train wreck in Europe continues to unfold. The Spanish region of Murcia becomes t...
