Wed, Mar 10 2010, 1:08 PM
The 10 year auction has impressive demand, but for higher rates. 3.45 Bid To Cover, but 3.735 % high yield with 70.94% of the bids at high yield. MBS ...
Tue, Mar 9 2010, 11:23 AM
Chicago Fed President Charles Evans, a middle of the road on inflation non-FOMC voter, shared prepared remarks with the world this morning. The one th...
Tue, Mar 9 2010, 4:51 PM
If you haven't read the following description of the agency MBS settlement process...please don't skip over it as it may save you from having to chang...
Tue, Mar 9 2010, 1:19 PM
The three year note auction went well. I must remind you that this sector of the yield curve has minimal bearing on the "rate sheet influential" side ...
Mon, Mar 8 2010, 12:23 PM
Mon, Mar 8 2010, 10:27 AM
Besides some off the radar releases, the econ calendar is essentially empty this week. Retail Sales is the only data with the ability to have an inter...
Fri, Mar 5 2010, 11:12 AM
While many lenders hit rate sheet rebate by about 30bps at the open, not all desks cushioned pricing. Since the initial knee jerk reaction move lower,...
Fri, Mar 5 2010, 8:34 AM
36,000 jobs were lost in February according to the Bureau of Labor Statistics. The unemployment rate held steady at 9.7%. The payrolls number was MUCH...
Thu, Mar 4 2010, 10:44 AM
Thu, Mar 4 2010, 5:35 PM
I know everyone wants to run through "what if" scenarios and try and position their pipeline for profits ahead of tomorrow's NFP print....I cant say I...
Wed, Mar 3 2010, 11:18 AM
While price action has been choppy, I do believe the range will contain both bearish and bullish momentum leading up to 830am on Friday. My targets ar...
Wed, Mar 3 2010, 7:54 AM
We've been speculating about the sources of strength behind bullish bond market momentum. On one hand we know the market is nervous about Friday's NFP...
Tue, Mar 2 2010, 10:55 AM
While I do see reasons to be worried about reprices for the worse in the short term, recent ranges are still containing directionality. It looks like ...
Tue, Mar 2 2010, 9:56 AM
Mortgages have been playing follow the leader with benchmark Treasuries over the past few session. This continues ahead of what is expected to be a sl...
Mon, Mar 1 2010, 1:26 PM
Headlines cite strength in stocks as a function of Greece bailout developments. Gains are broad based though so we have to look deeper. I say the upti...
Fri, Feb 26 2010, 12:53 PM
Fri, Feb 26 2010, 10:33 AM
Fri, Feb 26 2010, 8:42 AM
Fri, Feb 26 2010, 4:58 PM
Fri, Feb 26 2010, 3:05 PM
Thu, Feb 25 2010, 11:44 AM
Trading in the bond market has been a tale of two objectives. On one hand dealers are trying to push prices lower (yields higher) ahead of $32 billion...
Thu, Feb 25 2010, 8:42 AM
The 3.625% coupon bearing 10 year TSY note is currently +0-15 at 99-29 yielding 3.639%. Lately I have been using Fibonacci retracements as a technica...
Thu, Feb 25 2010, 5:28 PM
Thu, Feb 25 2010, 3:20 PM
Thu, Feb 25 2010, 1:03 PM
HIGH YIELD 3.078 PCT, 9.60 PCT OF BIDS AT HIGH
BID-TO-COVER RATIO 2.98, NON-COMP BIDS $35.2 MLN
PRIMARY DEALERS TAKE $13.57 BLN OF 7-YEAR NOTES ...
Wed, Feb 24 2010, 11:21 AM
We've heard all this already, not much new content to discuss. The market's main focus is on monetary policy. The Fed is going to keep the Fed Funds R...
Wed, Feb 24 2010, 8:38 AM
The market's quiet disposition this morning illustrates that most participants are waiting on Bernanke testimony. Speculative positions are set and sa...
Wed, Feb 24 2010, 5:07 PM
Wed, Feb 24 2010, 3:43 PM
Wed, Feb 24 2010, 1:50 PM
Note on the chart how the 10yr had been having it's longest battle (successfully until just now!) with support levels at 3.70. With that breakout, th...
Wed, Feb 24 2010, 1:21 PM
Tue, Feb 23 2010, 10:54 AM
MBS Market Alerts
