Mon, Nov 9 2026, 4:29 PM
Bonds Looking Increasingly Comfortable With Recent Gains
Much like last Friday, the stock market provided ad...
Mon, Nov 9 2026, 3:52 PM
Last Thursday's stock market sell-off was a key factor in driving mortgage rates to the lowest levels in more than a month. More broadly, tech stock j...
Mon, Nov 9 2026, 10:48 AM
In the bigger picture, today offers little by way of actionable new info for the bond market. Unsurprisingly, volatility is being dictated by a decent...
Fri, Nov 6 2026, 3:54 PM
Very Strong Showing For Bonds Considering The Headwinds
There were two major headwinds in play for the bond ...
Fri, Nov 6 2026, 3:06 PM
Today was an odd one for mortgage rates. Anyone who's been following the rate market for very long will tell you that the monthly jobs report is one o...
Fri, Nov 6 2026, 9:25 AM
Nonfarm payrolls came in 100k higher than forecast and the unemployment dropped even as the participation rate moved higher. That's a recipe for a bon...
Thu, Nov 5 2026, 3:04 PM
Stocks Got Rocked. Bonds Picked Up Some Slack
Chipmakers and other tech names got absolutely rocked today st...
Thu, Nov 5 2026, 2:15 PM
Yesterday, it was a drop below 7.25%. Today, the 7.20% floor was broken. Mortgage rates have been on a tear over the past month and are now back to 7....
Thu, Nov 5 2026, 9:06 AM
Bonds are starting the day a few bps weaker. 10yr yields are just over 4.90% and considering they were almost 50bps higher a month ago, you're free to...
Wed, Nov 4 2026, 4:19 PM
Elections, Oil, and Neocloud Stocks, Oh My!
There are 3 publicly traded neocloud stocks that are big enough ...
Wed, Nov 4 2026, 3:25 PM
30yr fixed rates moved over 7.25% on September 23rd, 2026 and continued to long-term highs of 7.61% by early October. But starting in mid October, rat...
Wed, Nov 4 2026, 10:50 AM
There are several moving parts to today's trading levels, but the TL;DR is that bonds are holding modest gains so far despite some 2-way volatility. T...
Tue, Nov 3 2026, 4:17 PM
Early Strength Thwarted by Data and Resilience in Equities
There are several ways to view today's bond marke...
Tue, Nov 3 2026, 3:21 PM
Well... they can't all be winners. It seems as if rates could do no wrong over the past 3 days with each marking the lowest level in more than a month...
Tue, Nov 3 2026, 8:57 AM
Bonds were sideways to slightly weaker overnight, but they're rallying back to unchanged levels in the 8am hour following favorable headlines regardin...
Mon, Nov 2 2026, 4:27 PM
Little-Moved by Huge Drop in Oil and Tech Stocks
Bonds were technically stronger at 4pm ET, but just barely....
Mon, Nov 2 2026, 3:39 PM
It was a perfectly fine day for mortgage rates to start the new week. The underlying bond market improved modestly, drawing on a combination of sharpl...
Mon, Nov 2 2026, 10:22 AM
Bonds were initially a hair weaker at the start of the overnight session, but rallied gradually after that. The sharpest gains arrived at the 9:30am N...
Fri, Oct 30 2026, 3:16 PM
Bonds Almost Able to Break Even Thanks to Tech Turmoil
Tech stocks embarked on a wild ride starting with ear...
Fri, Oct 30 2026, 2:24 PM
The rate market continues taking cues from turmoil in the tech sector. That resulted in the lowest rates in more than a month today as tech stocks sli...
Fri, Oct 30 2026, 9:59 AM
Bonds were initially stronger in the overnight session with 10yr yields briefly falling under 4.90%. The rally generally aligned with overnight losses...
Thu, Oct 29 2026, 5:08 PM
Tech Jitters are Back. Bonds Like It
As has been the case for the past several weeks, the near-term fate of ...
Thu, Oct 29 2026, 4:16 PM
After 4 rather uneventful trading days, the bond market (which underlies interest rate movement) experienced a bit more volatility today. Fortunately,...
Thu, Oct 29 2026, 9:48 AM
PCE inflation was almost perfectly in line with even the unrounded expectations. The monthly core number was 0.32 vs 0.34 (or .3 vs .3 on most econ ca...
Wed, Oct 28 2026, 4:50 PM
Minimal Impact From Fed
Fed day has come and gone with minimal fanfare. Markets ultimately found reason to d...
Wed, Oct 28 2026, 4:15 PM
Today's Fed announcement had no impact on mortgage rate movement, and minimal impact on intraday bond market volatility. Well before the Fed announcem...
Wed, Oct 28 2026, 2:00 PM
The Federal Open Market Committee approved the following statement for release by a 12 10 – 0 2 vote: The Committee decided to raise mainta...
Wed, Oct 28 2026, 10:38 AM
Coreweave stock moved higher again overnight and Coreweave bond yields continued lower, with some issues now back to yields seen 2 weeks ago. Treasuri...
Tue, Oct 27 2026, 4:40 PM
Boring, Sideways Day. Does Wednesday's Fed Announcement Even Matter?
Neocloud concerns continued to experien...
Tue, Oct 27 2026, 4:10 PM
It was a remarkably calm day for the mortgage market on two separate levels. First off, the average lender set this morning's rates right in line with...
Tue, Oct 27 2026, 10:07 AM
"Neocloud" has entered the commentary. This is shorthand for the market segment in which Coreweave operates. Neocloud companies have been the epicente...
Mon, Oct 26 2026, 4:15 PM
Bonds Hold Ground Despite Some Healing in Tech
Monday was exceptionally uneventful for the bond market--as i...
Mon, Oct 26 2026, 3:43 PM
It was an uneventful day for mortgage rates, which is just the sort of thing you want to see when the average lender is just a hair above the lowest l...
Mon, Oct 26 2026, 9:46 AM
Bonds are technically just a hair stronger this morning, but in the slightly bigger picture, nothing has happened yet this week (not that we'd expect ...
Fri, Oct 23 2026, 3:53 PM
Slightly Weaker, But Much Stronger on The Week
Friday was calm and sideways in the bigger picture. Sure, a 4...
Fri, Oct 23 2026, 3:02 PM
Yesterday was an exciting day for rates with the lowest levels since September 23rd and a fairly brisk decline versus the previous day. Today? Fairl...
Fri, Oct 23 2026, 9:16 AM
Little has changed between yesterday's close and this morning's early trading. 10yr yields are still several bps under 5%. MBS are still effectively a...
Thu, Oct 22 2026, 4:48 PM
Tech Tanks and Bonds Pick Up The Slack
What began with focus on funding concerns for Coreweave (and, to a le...
Thu, Oct 22 2026, 3:50 PM
Interest rates continue taking cues from the market rethinking the pace of AI-related growth/spending. Last week's focus was on Coreweave and a few ot...
Thu, Oct 22 2026, 9:18 AM
Oil prices are up. Bond yields are down sharply. If this was early September, that wouldn't make sense. Bonds decoupled from the oil correlation on Fe...
Wed, Oct 21 2026, 4:51 PM
Ultimately Flat After Options-Driven Volatility
Treasuries continued in the same sideways holding pattern se...
Wed, Oct 21 2026, 3:58 PM
It was another ho-hum day for mortgage rates, which is more of the exception than the rule these days. But we're not complaining! The uneventful, side...
Wed, Oct 21 2026, 10:21 AM
We find ourselves in a bit of a lull in the bond market this week, and we don't object! Yields aren't screaming back up toward recent highs. Nor are t...
Tue, Oct 20 2026, 4:37 PM
Tech Concerns Keeping Bonds in The Game
There was some oil price volatility today that looked like it might ...
Tue, Oct 20 2026, 2:45 PM
Mortgage rates dropped 0.03% today on average leaving the top-tier 30yr fixed rate index at 7.40% vs 7.43% yesterday--the third lowest level in more t...
Tue, Oct 20 2026, 9:39 AM
The bond market continues to decide who it wants to be in Q4, 2026--the harbinger of inflation concerns, debt issuance and economic growth or a safe h...
Mon, Oct 19 2026, 4:41 PM
What's Up With Monday's Weakness?
Bonds were moderately weaker on Monday and not in a way that was obviously...
Mon, Oct 19 2026, 3:58 PM
Mortgage rates were moderately higher to start the new week, adding to the modest losses seen on Friday. The silver lining is that any of the past 3 b...
Mon, Oct 19 2026, 9:57 AM
Last week's most notable development was a flight to safety in the bond market precipitated by concerns about a shift in tech sector sentiment. The sh...
Fri, Oct 16 2026, 3:46 PM
Could Have Been Better. Could Have Been Worse
If the bond market was a Mario Bro, it found a gold star at so...
