Fri, Mar 19 2010, 3:01 PM
Fri, Mar 19 2010, 1:37 PM
Thu, Mar 18 2010, 12:43 PM
Thu, Mar 18 2010, 11:00 AM
If you have been floating in hopes of an extended rates rally, now might be the time to ensure your loans are registered and ready to lock.
Thu, Mar 18 2010, 8:42 AM
Inflation data was dovish, supportive of exceptionally low Federal Reserve interest rate policy for an "extended period". Jobless claims were worse t...
Thu, Mar 18 2010, 5:09 PM
Thu, Mar 18 2010, 3:27 PM
Wed, Mar 17 2010, 12:48 PM
THE PHRASE PLAY THE RANGE UNTIL THE RANGE PLAYS YOU RESONATES LOUDLY IN MY HEAD AT THE MOMENT. 10 yr yields have fallen fast, all the way back to the ...
Wed, Mar 17 2010, 9:02 AM
Across all stages of production, falling energy prices in February accounted for the majority of deflation with gasoline being the biggest drag. The ...
Wed, Mar 17 2010, 5:37 PM
Wed, Mar 17 2010, 3:51 PM
Tue, Mar 16 2010, 11:16 AM
Tue, Mar 16 2010, 8:48 AM
Tue, Mar 16 2010, 5:36 PM
Tue, Mar 16 2010, 3:57 PM
Bottom line, arguments were a bit skewed in favor of floating yesterday, whereas they are more balanced today. However, this factors in some trending...
Tue, Mar 16 2010, 2:15 PM
The Fed's feelings on the labor market have improved since the last meeting while housing remains uncomfortably depressed. The MBS purchase program is...
Mon, Mar 15 2010, 11:07 AM
There just isnt enough participation in the rates marketplace to push the 10yr contract through the above discussed layer of "position resistance". B...
Mon, Mar 15 2010, 8:22 AM
Until 10s make a move, the FN 4.5 will likely hold to the recent range with 101-00 seen as a psychological profit taking point while 100-24 serves as ...
Mon, Mar 15 2010, 5:33 PM
Mon, Mar 15 2010, 4:10 PM
Mon, Mar 15 2010, 2:35 PM
Fri, Mar 12 2010, 9:20 AM
Retail Sales data has hit screens. It was much better than expected. Rates no likely.
Fri, Mar 12 2010, 7:40 AM
After four days of a limited data, which made it easy for traders to bake in a concessionary backup in TSY yields, the week's most important econ even...
Fri, Mar 12 2010, 6:47 PM
Fri, Mar 12 2010, 2:50 PM
Thu, Mar 11 2010, 11:37 AM
Considering the extent to which concessionary 2s/30s steepening has taken place over the past week..it would make sense for the steepener to reverse c...
Thu, Mar 11 2010, 8:52 AM
In a speculative manner, it appears rates traders are looking for an opportunity to push TSY prices higher (yields lower) as the long end of the yield...
Thu, Mar 11 2010, 5:24 PM
Thu, Mar 11 2010, 3:37 PM
Thu, Mar 11 2010, 1:09 PM
The previously discussed auction concession must have been sufficient because the long bond auction went very well. Overall, auction demand was well a...
Wed, Mar 10 2010, 12:05 PM
Wed, Mar 10 2010, 8:40 AM
While many rates watchers are seeking a fundamental explanation for the market's bias to push "rate sheet influential" benchmark yields higher, I do n...
Wed, Mar 10 2010, 5:13 PM
This is always the question right? I mean, after all, we already know what is available on our rate sheets at the moment, but the most valuable quest...
Wed, Mar 10 2010, 3:23 PM
For the time being, at least until we get closer to the Fed's exit from the agency MBS market, mortgage rates will take their directional guidance fro...
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
MBS Market Alerts
