This is another very big week for economic data.We get a double dose of Factory Orders this morning with both the August and September releases. But the two biggest reports…
Nick AlvinoNovember 4, 2013
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…
Nick AlvinoSeptember 30, 2013
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…
Nick AlvinoSeptember 17, 2013
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
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