News

Fairly Resilient Despite Bumpy Auction The relevant morning econ data was limited to Jobless Claims. While the weekly and ...
Mortgage rates have barely budged after Monday with the day-over-day change failing to exceed 0.02% on any given day. But ...
The week's last hope for any signs of life from economic data has come and gone with this morning's Jobless Claims.  To be ...
More Ground-Holding Despite Weird Intraday Spike This morning's commentary led with our desire to avoid jinxing this week's ...
Although there were flashes of potential volatility in the underlying bond market at times today, mortgage rates made it through unscathed.  In other words, the volatility wasn't sufficient to force ...
We don't want to jinx it, but this is turning out to be an uncommonly calm week of trading compared to other post-jobs-report ...
Bonds Hold Steady After Modest Data-Driven Rally Today's (and to be fair, this week's) only major econ data--ISM ...
Yesterday saw the average 30yr fixed rate fall back in line with levels from early October, 2024. This happened for two ...
An economist’s left leg is on fire, and his right leg is frozen. He says, ‘On average I'm perfectly fine.’” For those out ...
The ISM Services Index is/was easily this week's biggest ticket in terms of scheduled economic data. It was mostly OK for ...
Calmly Closing at Best Levels Since April As far as post-NFP Mondays go, this was a calm one.  Bonds never strayed too far ...
The new week is less interesting than the previous week in terms of scheduled events with the only top tier data being ...