This WeekThis is a huge week for Jobs data with ADP Private Payrolls, Initial Jobless Claims and Friday's Non-Farm Payrolls. There are no major Treasury auctions this week. MBS are…
Nick AlvinoSeptember 3, 2013
This WeekWe have a big week for economic data..but it won't start until tomorrow.Mortgage backed securities (MBS) are moving upward this morning on speculation over the German GDP data due…
Nick AlvinoAugust 12, 2013
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
What happened last week?Mortgage backed securities (MBS) gained +131 basis points from last Friday's close which caused 30 year fixed rates to move lower. This marks the second straight week…
Nick AlvinoJuly 22, 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
This WeekExpect more selling in the stock market and the bonds and mortgage markets. The recent increase in interest rates has now increased the rate on the bellwether 10-year note,…
Nick AlvinoJune 24, 2013