Fri, Feb 12 2010, 9:05 AM
A three day weekend is ahead. This means traders will be doing position squaring a bit earlier than usual (getting flat) which implies the market coul...
Fri, Feb 12 2010, 4:33 PM
Because the overall economic environment is cloudy and the Federal Reserve is still quite cautious, investors will remain defensive, which will preven...
Fri, Feb 12 2010, 2:00 PM
Thu, Feb 11 2010, 11:58 AM
All this movement in the wrong direction and the S&P is only just beginning to test overhead resistance. Makes you wonder what might happen if stocks ...
Thu, Feb 11 2010, 8:51 AM
The RANGE is moderating further progress in stocks at the moment, until a more detailed, CONCRETE, plan is offered from EU officials, risk buyers are ...
Thu, Feb 11 2010, 5:19 PM
Thu, Feb 11 2010, 3:21 PM
Thu, Feb 11 2010, 1:01 PM
The bond market was clearly not interested in this auction. Rates weakness persists as we are holding outside the comfy confines of the recent range....
Wed, Feb 10 2010, 11:48 AM
Wed, Feb 10 2010, 9:08 AM
Wed, Feb 10 2010, 6:14 PM
Wed, Feb 10 2010, 3:33 PM
Today's "tape-bomb", or volatile news item, was launched from the frontlines at FHLMC, somewhere in suburban Virginia, as they announced they would bu...
Wed, Feb 10 2010, 1:46 PM
Reprices for the worse--if you haven't seen them already--are still possible to probable. Try to gauge how much your lender hedged their rates for to...
Wed, Feb 10 2010, 1:02 PM
Tue, Feb 9 2010, 11:22 AM
We have been here before...over the past 6 months when equities showed signs of weakness, I actually put good thought into making a connection between...
Tue, Feb 9 2010, 8:36 AM
The sky is once again gray and the ominous smell of another winter storm has settled in over the area. This spells trouble for a region that has alrea...
Tue, Feb 9 2010, 1:27 PM
In the wake of treasury auctions, volatility can be quite high, and it's too soon to know if this support will continue to hold or if the situation de...
Tue, Feb 9 2010, 1:04 PM
We're down 6 ticks since the auction so far, and falling....Reprice risk is high at the moment
Mon, Feb 8 2010, 11:38 AM
"Rate sheet influential" MBS coupons and benchmark TSYs are testing the staying power of Friday's FTQ fixed income rally. A solid move below 101-06 w...
Mon, Feb 8 2010, 8:56 AM
Stocks sold off in a panicky fashion last week as sovereign debt concerns grew over Greece, Portugal, and Spain's ballooning budget deficit and rising...
Fri, Feb 5 2010, 11:45 AM
Now that the jobs report is behind us, the marketplace will put all focus on sovereign debt anxieties abroad. Part of the reason for panic has to due...
Fri, Feb 5 2010, 8:31 AM
20,000 jobs were lost in January according to the Bureau of Labor Statistics. The unemployment rate fell from 10.0% to 9.7%. This will surely grab hea...
Thu, Feb 4 2010, 11:05 AM
We've been here before! We've seen bond bearish NFP prints, we've seen tons of "better than expected" data, we've watched stocks rally on and on and o...
Thu, Feb 4 2010, 8:57 AM
Jobless Claims increased by 8,000 last week to 480,000 new claims. This was worse than expected. The rates market, which was already rebounding from y...
Thu, Feb 4 2010, 3:45 PM
"There will be a jobs revision I'm told tomorrow that's likely to show additional job loss at the first part of the recession that started in December...
Wed, Feb 3 2010, 12:01 PM
While Treasury issuance remains elevated at high levels, issuance size is not expected to continue to grow. Again, this is not a huge supportive infl...
Wed, Feb 3 2010, 8:37 AM
We have been pretty firm about locking on strength and willing to float at the outer limits of the range...at this point that is getting very risky. A...
Tue, Feb 2 2010, 11:25 AM
MBS are angry this morning, well not really but it looks like it on the charts. "Rate sheet influential" MBS prices have CHOPPED CHOPPED CHOPPED aroun...
Mon, Feb 1 2010, 11:53 AM
Mon, Feb 1 2010, 9:14 AM
Both benchmarks and "Rate sheet influential" MBS coupons have found their way back toward important pivot points. The FN 4.0 is 0-05 at 97-28 yielding...
MBS Market Alerts
