Last Week RecapMortgage backed securities (MBS) lost 49 basis points from last Friday's close, which caused 30 year fixed rates to move higher. This ended the bond rally that had…
Nick AlvinoJuly 29, 2013
This WeekThere are a number of key economic releases but the major focus this week is Bernanke testifying in the House and Senate on the economy, employment and inflation. Likely…
Nick AlvinoJuly 15, 2013
This WeekLast Friday’s stronger than expected employment report sent interest rates screaming higher with MBS prices down as much as 200 bps at one point in the day. It isn’t…
Nick AlvinoJuly 8, 2013
This WeekIt's employment week for June data. In the meantime, a few key reports will draw attention: the June ISM manufacturing and servicing sector indexes, May factory orders, and June…
Nick AlvinoJuly 1, 2013