Nice Rally on Data and Auction Results Wednesday ended up being a straightforward session for bonds with a large CPI beat ...

After a calm start to the week on Monday and Tuesday, we were likely to see a bit more volatility on Wednesday due to ...

Here in Tampa, I was walking through the hotel bar last night when I overheard someone say, “Age 60 might be the new 40, but ...

Heading into today's CPI data, our stance was that we'd need to see the monthly core number come in at 0.1 vs 0.3 in order to ...

How About Tomorrow? After a slightly bumpy start for reasons that remain unknown, the bond market settled into an uneventful sideways grind that lasted through the 3pm CME close. Both MBS and ...

It was a fairly boring day on what has turned out to be a fairly boring week so far for mortgage rates.  After Friday's ...

As hoped, Friday's big rate spike did not carry additional momentum into the new week.  This is occasionally a risk when ...

I am in Florida, in mortgage meetings and the MBAF, and in Saturday’s Commentary I noted the intense flurry of conference ...

The bond market was likely taking a bit of a lead-off ahead of today's jobs report, inspired by a string of weaker economic ...

Perfectly Logical Reaction to On-Target Data It's not necessarily a fun fact to face, but today's bond market sell-off was a ...

JOLTS Data Didn't Help, But it Didn't Hurt Much Either Bonds were moderately stronger overnight and then weaker after the ...

Overnight and early-session trading confirm the bond market is shifting gears and re-entering a sort of cruise control in the prevailing range. Had last Friday's jobs report been as weak as some of ...