News from the UkraineBy now you know Crimean voters voted to join Russia in the election held yesterday. About 97% of the voters in the southern Ukraine region who took…
What happened last week?MBS OVERVIEW Mortgage backed securities (MBS) lost 94 basis points (BPS) from last Friday's close which caused 30-year fixed mortgage rates to increase and more than wiped…
What happened last week?MBS OVERVIEW Mortgage backed securities (MBS) gained +75 basis points from last Friday's close which caused 30-year fixed mortgage rates to improve. The market saw the lowest…
MORTGAGE BACKED SECURITIES (MBS) OVERVIEWThere are no major economic reports today but we do have a very interesting week ahead of us with Treasury auctions, Talking Feds and some big-name…
Mortgage Backed Securities OverviewThe bond market was closed yesterday in observance of President's Day, but the rest of the week is full of great economic releases.We will get a good…
Mortgage Backed Securities (MBS) Overview The much anticipated Non-Farm Payroll report arrived and it really disappointed. As a result, MBS shot up but then something interesting happened. They sold off…
This WeekMortgage Backed Securities OverviewThis is a big week that starts off with the installation of Janet Yellen as the Chairperson of the Federal Reserve this morning. There are no…
This is a huge week for economic data with some big-time reports that have the gravitas to really cause some swings in pricing. But the biggest event of the week…
This is a very light week for economic data. The bond market was closed Monday and there is really only one day (Thursday) with any meaningful economic releases. Plus, there…
This week Lots of data on inflation: There are several reports (Import Prices, CPI and PPI) which will give a good picture of the inflation picture. The market is expecting very…