News

Fed day is here and there's a 0% chance of a rate cut.  That's been the case for just over a month due a combination of April ...
Bonds were decently stronger in the overnight session, but not for any new, specific reasons.  Trading levels have been ...
Dot Plot in Focus With Fed's "No Cut" Announcement Bonds lost some ground after this morning's economic data, arguably in ...
Conclusion The present week didn't manage to offer nearly as much excitement as the previous few examples, but that's not ...
The latest Residential Construction report from the Census Bureau showed a noticeable drop in overall housing starts in May, ...
Mortgage application activity declined modestly last week despite a drop in rates, according to the Mortgage Bankers Association’s (MBA) latest survey. The Composite Index fell 2.6% on a seasonally ...
Builder sentiment declined for the second straight month according to the National Association of Homebuilders (NAHB) and ...
With Thursday being a federal holiday, banks (and more importantly, the underlying market for mortgage related bonds) were ...
Solstice, and happy 50th birthday to the movie Jaws. Back then, for security, all we had to remember was where we hid our ...
Fed Threads Needle of Apathy Today marked one of only 4 days of the year with an updated Fed dot plot. When it came out, ...
Much like the Friday after Thanksgiving, we have to wonder what the point is of a trading session without any neighbors ...