Selling continues to be the path of least resistance for the bond market. Open interest data from Treasury futures suggests Friday's "short-covering" assessment may not be the only story. Reason being ...
AM Rally Completely Erased By The Close This morning's paradoxical rally lasted 30 whole minutes. Bonds turned around at ...
Looked at in a vacuum, Friday was no better or worse than the average day over the past several months. Compared to yesterday ...
Here in San Antonio, TX, interest rates are obviously part of mortgage event discussion. (On today’s The Big Picture Guild’s ...
Most of us 30 years old and older have tales about where they were and what they did 25 years ago. Being in capital markets, ...
What do mortgage rates have to do with Treasuries? Quite a lot, actually. U.S. Treasuries are the bills and bonds issued by ...
Mortgage application activity pulled back last week, with a sharp decline in refinancing more than offsetting relatively ...
Many years ago, it seemed like people bragged about how late they stayed up at conferences. Now they brag about how early ...
It's been a rough couple of days for the bond market. Yesterday, it was Bessent and the reaction to the Treasury buyback ...
Ugly Snowball Selling Thanks to Oil and Inflation Data MBS lost nearly a full point by 4pm ET and 10yr yields were up 11.4bps ...
Top tier 30yr fixed mortgage rates started the week right where they were on Friday for the average lender. At 6.89%, we're ...