Decent Gains Remain Intact; Stock Market Contribution is a Wild Card The rescheduled release of the September jobs report ...
Yesterday, we discussed the fact that mortgage rates were heading into Thursday with a disadvantage (for most lenders, anyway). This had to do with the fact that lenders prefer to avoid changing rates ...
It's shaping up to be a "no whammies" sort of morning for the bond market.  There's no denying that the jobs report was a ...
Fed Minutes Push Yields Higher As expected, the recent raft of hawkish Fed speakers foreshadowed (whether intentionally or ...
It was a complicated day for mortgage rates.  Officially, at the time of this article, the average top tier 30yr fixed rate ...
As I type these words, I am sitting in front of one of Chuck Berry’s early residences in St. Louis. STL has a good musical reputation, a fine mortgage association, a Fed that puts out great research, ...
Correlation between stocks and bonds is hit and miss depending on other factors. Before the age of more aggressive Fed intervention, it was more common to see yields move in concert with stocks. These ...
Modest Gains After Mid-Day Volatility With only a few exceptions, bonds have been a rudderless ship during the government shutdown. With the backlogged data returning in a slow and uncertain fashion, ...
With economic data being the most consistent source of motivation for rates, the market has been eager for it to return with ...
Supposedly commercial air travel is back to normal, good for anyone coming in for the Mortgage Bankers Association of St. Louis event tomorrow and Thursday’s Mortgage Bankers Association of Kansas ...
We've seen a clumsy, confused return of various economic reports this morning (several reports were no previously announced with rescheduled release dates). Thankfully, the surprise releases were not ...
Uneventful Monday; MBS Underperform In the bigger picture, bonds were flat on Monday without any major volatility in either direction. But if we break out the microscope, we find longer-term ...