Mon, Jul 23 2012, 4:15 PM
MBS Live : MBS Afternoon Market Summary
MBS are on track to close at all-time highs in terms after hitting new intraday highs this morni...
Mon, Jul 23 2012, 2:23 PM
Mortgage Rates are on an undisputed tear, moving more today than any day in the past 3 weeks of progressive movement into new all-time lows. The wee...
Fri, Jul 20 2012, 11:50 AM
MBS Live : MBS Morning Market Summary
In one short day, domestic bond markets have gone from threatening to bounce higher in yield to confi...
Fri, Jul 20 2012, 8:06 AM
Bond markets seemed to face an uphill battle from the outset on Thursday. Treasuries closely followed German Bunds in the overnight session and came ...
Fri, Jul 20 2012, 4:29 PM
MBS Live : MBS Afternoon Market Summary
MBS rose boldly into previously unexplored territory today as Fannie
3.0's spent more than just a...
Fri, Jul 20 2012, 1:33 PM
Mortgage Rates shot decisively to new all-time lows today as bond markets rallied on European headlines. There was nothing on the domestic economi...
Thu, Jul 19 2012, 11:21 AM
MBS Live : MBS Morning Market Summary
Certainly German Bunds are on the watch-list for US Treasuries after the former hit new record low...
Thu, Jul 19 2012, 8:30 AM
Yesterday, we noted that the morning's economic data was highly unlikely to move markets and that Bernanke's 2nd round of Congressional testimony was ...
Thu, Jul 19 2012, 4:11 PM
MBS Live : MBS Afternoon Market Summary
MBS have really put on an impressive display of 'ground-holding' in that they've maintained Fannie 3.0...
Thu, Jul 19 2012, 3:06 PM
Mortgage Rates bucked their recent trend and moved higher today, though the increase was fairly minimal for most lenders and almost imperceptible a...
Wed, Jul 18 2012, 11:44 AM
MBS Live : MBS Morning Market Summary
Very little has changed today vs yesterday with respect to the general flow of data and events. In b...
Wed, Jul 18 2012, 8:26 AM
From a technical standpoint, bond markets are playing a dangerous game at the moment. We'll consider this dangerous game for a moment against the bac...
Wed, Jul 18 2012, 4:29 PM
MBS Live : MBS Afternoon Market Summary
The tone for bond markets today was largely set by the general drift lower in German Bund yields to...
Wed, Jul 18 2012, 2:29 PM
Mortgage Rates moved lower today, bringing them yet again to new all-time lows . The interest rate environment was generally improved right from ...
Tue, Jul 17 2012, 11:22 AM
MBS Live : MBS Morning Market Summary
The morning's economic data was largely uneventful, as expected. Focus has been and continues to be...
Tue, Jul 17 2012, 6:58 AM
10yr yields hit all time lows yesterday and production MBS hit all time highs. But rather than forging ahead into new all time lows, 10yr yields (we'...
Tue, Jul 17 2012, 4:25 PM
MBS Live : MBS Afternoon Market Summary
Although MBS and Treasuries began the day in slightly weaker territory, they both rallied during th...
Tue, Jul 17 2012, 2:45 PM
Mortgage Rates held steady today, keeping them in line with all-time lows . There was plenty going on in markets today, but not much of it had an...
Mon, Jul 16 2012, 11:32 AM
MBS Live : MBS Morning Market Summary
This morning's Retail Sales report clearly set the tone early for bond markets. MBS and Treasuries both p...
Mon, Jul 16 2012, 8:24 AM
After last week offered up few reasons to stray from the recent course for bond markets, the outlook of data and events in the week ahead is only marg...
Mon, Jul 16 2012, 4:23 PM
MBS Live : MBS Afternoon Market Summary
The lion's share of today's volume and movement in bond markets was seen in the first few hours of ...
Mon, Jul 16 2012, 3:05 PM
As was the case at the beginning of last week, Mortgage Rates moved slightly lower today, once again hitting new all-time lows . In a bit of a d...
Fri, Jul 13 2012, 11:32 AM
MBS Live : MBS Morning Market Summary
Make no mistake that this morning's economic data has been of little to no concern to bond markets wh...
Fri, Jul 13 2012, 8:28 AM
Fannie 3.0s saw what was probably their single biggest day of new TBA originations yesterday. In the opening alert on MBS Live, we said: "For MBS, to...
Fri, Jul 13 2012, 4:12 PM
MBS Live : MBS Afternoon Market Summary
Friday turned out to be the choppiest day of the week for production MBS, but like all the others, ...
Fri, Jul 13 2012, 1:34 PM
Mortgage Rates moved slightly higher today, breaking a streak that saw all-time low rates every day beginning last Friday. The termination of this...
Thu, Jul 12 2012, 11:25 AM
MBS Live : MBS Morning Market Summary
After an early concentration of new MBS Origination Supply, things have leveled off a bit a nd MBS ...
Thu, Jul 12 2012, 8:03 AM
Thursday continues the theme of increased activity that arrived yesterday. In the overnight session, there's a decent offering of European data and ...
Thu, Jul 12 2012, 4:12 PM
MBS Live : MBS Afternoon Market Summary
Money flowed into both sides of the market today wi th Equities set to go
out higher and bond ...
Thu, Jul 12 2012, 3:11 PM
Mortgage Rates continued lower today, marking the FOURTH consecutive day at new all-time lows. Once again, rates markets continued to benefit from...
Wed, Jul 11 2012, 11:34 AM
MBS Live : MBS Morning Market Summary
The European session proved to be of little concern to domestic bond markets that seem largely content to h...
Wed, Jul 11 2012, 7:02 AM
Tuesday saw yet another uneventful day for bond markets, though a positive one. MBS were a hot commodity and benefited greatly from light supply and ...
Wed, Jul 11 2012, 4:13 PM
MBS Live : MBS Afternoon Market Summary
It's interesting and perhaps a bit frustrating that a day with so
much potential to motivate markets...
Wed, Jul 11 2012, 3:31 PM
Mortgage Rates continued lower today, marking the FOURTH consecutive day at new all-time lows. Once again, rates markets continued to benefit from...
Tue, Jul 10 2012, 11:23 AM
MBS Live : MBS Morning Market Summary
It's a bit counterintuitive to think that MBS hitting all-time highs can occur in an "uneventful" ...
Tue, Jul 10 2012, 8:27 AM
An argument could have easily been made yesterday morning that bond markets should have weakened a bit ahead of the upcoming auction cycle and in the ...
Tue, Jul 10 2012, 4:10 PM
MBS Live : MBS Afternoon Market Summary
In more ways than one, Tuesday has turned out to be a carbon copy of Monday. Once again we have MB...
Tue, Jul 10 2012, 2:51 PM
Mortgage Rates continued lower today, marking the third consecutive day at new all-time lows. Broader Bond Markets continued to benefit from a gen...
Mon, Jul 9 2012, 11:32 AM
MBS Live : MBS Morning Market Summary
With essentially nothing on tap for the first two days of the week with the exception of more of the ...
Mon, Jul 9 2012, 8:16 AM
The week begins with Europe in focus as ECB President Mario Draghi testifies before the European Parliament to explain current policy in the wake of l...
Mon, Jul 9 2012, 4:21 PM
MBS Live : MBS Afternoon Market Summary
One day before July Fannie/Freddie 30yr Fixed MBS are retired, production coupons hit new all time...
Mon, Jul 9 2012, 2:18 PM
Mortgage Rates continued lower today after hitting new all-time lows on Friday's weaker-than-expected Jobs report. Apart from simply being an exte...
Fri, Jul 6 2012, 11:19 AM
MBS L ive : MBS Morning Market Summary
Naturally, bond markets popped quickly into stronger territory following the worse-than-expected ...
Fri, Jul 6 2012, 8:10 AM
There were some decent clues in yesterday's session as to how various outcomes of today's Employment Situation Report will motivate trade. The bigges...
Fri, Jul 6 2012, 4:15 PM
MBS Live : MBS Afternoon Market Summary
Apart from the NFP miss in the morning, little else transpired today. There was a good bounce high...
Fri, Jul 6 2012, 2:33 PM
Mortgage Rates fell to new all-time lows today after a weaker-than-expected Employment Situation Report. To some extent, markets were geared up fo...
Thu, Jul 5 2012, 11:18 AM
MBS Live : MBS Morning Market Summary
MBS, like Treasuries, began the day in stronger territory, about 7 ticks higher than Tuesday's latest lev...
Thu, Jul 5 2012, 8:25 AM
After being closed for Independence Day yesterday, markets return to a packed schedule of economic data this morning including the week's first major ...
Thu, Jul 5 2012, 4:13 PM
MBS Live : MBS Afternoon Market Summary
In considering the "stormy morning" referenced in the title of today's recap, it's important to kee...
Thu, Jul 5 2012, 3:02 PM
Mortgage Rates were modestly higher in most cases today, although some lenders were actually improved from Tuesday's offerings. For most lenders a...