What Happened Last Week? Bond Market Resilience Suggests More Focus on CPI Up until the 3pm close on Friday, the bond market was having a surprisingly resilient day relative to…
Nick AlvinoApril 9, 2024
The three areas that have the greatest ability to impact backend pricing this week are: (1) Central Bank Palooza, (2) Domestic Flavor and (3) Stimulation Nation.
Nick AlvinoMarch 15, 2021
Learn from the Past Overview Mortgage backed securities (MBS) lost 33 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher compared to the prior…
Nick AlvinoFebruary 18, 2020
Market Wrap-up Overview Mortgage backed securities (MBS) lost 17 basis points on Wednesday and lost 30 on Thursday. Both were due to a shifting optimism on some sort of agreement…
Nick AlvinoOctober 14, 2019
Learn from the Past Overview Mortgage backed securities (MBS) lost 34 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher compared to the previous…
Nick AlvinoApril 15, 2019
Learn from the Past Overview Mortgage backed securities (MBS) gained 9 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways for the week. MBS…
Nick AlvinoFebruary 20, 2018