Latest Commentary
I advised yesterday that if you are a risk taker that floating could pay off, well it did. At the open we saw better rate sheets and as the day has progressed MBS prices have continued to move higher which has led to a few reprices for the better. This is partially a function of weakness in the stock market which has resulted in scared money moving... Read More
It got a little choppy after the Philly Fed Index release was much better than expected, I actually almost issued an alert because I noticed activity picking and it was on the sell side and it was "in size"...but I decided to hold off as trading flows eventually evened out and price stability was restored. Read More
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