Year-End Trading. No Big Deal Bonds started stronger but lost ground quickly and inexplicably starting around 10:30am ET.

Feel Free to Enjoy The Rally, But Don't Read Too Much Into It Bonds improved somewhat significantly in overnight trading and ...

Besides being enthralled with Tiger King and My Octopus Teacher four years ago, what do AL, CA, CO, CT, FL, GA, MD, MA, NJ, ...

Major holidays typically involve a full day market closure along with an "early close" on an adjacent day.  This matters to ...

Stop the presses!  MBS are up almost 3/8ths of a point in early trading and 10yr yields have surged lower by 8bps.  This is a ...

But Still Uneventful Bonds began the day in decent shape by pushing back against weakness during European hours.  MBS were ...

What do they call the 4th of July in nursing homes? In Depends Day.” (Another joke at the bottom.) There are plenty of ...

Because mortgage rates are determined by trading levels in the bond market, when the market is closed, lenders don't update ...

The National Association of Realtors (NAR) releases monthly reports on both existing and pending home sales. The latter ...

Friendly Reversal Thanks to 7yr Treasury Auction The day began as so many days over the past few months with bonds ...

Not that any of this week's trading activity matters in the bigger picture, but things have been reasonably resilient after ...

The most interesting analysis we can offer today is a simple reminder that the word "idiosyncrasy" has an "S" at the end ...