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…
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…
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…
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…
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,…
This WeekWhile there is May housing data, existing home sales, the NAHB June housing market index, May starts and permits, and a couple of other key economic measurements, none of…
This WeekThe MBS markets will open at near very key support levels after the so-so employment report last Friday. The May employment data was somewhat better than many were expecting…
This Week: a Number of Key Data PointsThe May employment report on Friday is the major release. After the strong April data last month that started the relentless increase in…