This WeekThis is a very important week for economic data, with big-time reports such as ISM Manufacturing and Servicing, ADP Private Payrolls and the Non-Farm Payroll report.However, this week is…
It's a new week and welcome to better pricing!Former Treasury Secretary Lawrence Summers was widely believed to be the next Federal Reserve Chair nominee. But after the markets closed on…
This is another big week for MBS trades. Not only are there some very important economic reports (such as Retail Sales) but also a huge supply of Treasury auctions, a…
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…
This WeekThis is a huge week that is packed full of big-time economic reports, Treasury auctions and more Fed-Speak.This morning's Durable Goods Orders was much weaker than expected (-7.3% vs.…
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…
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…
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…