One of the notions surrounding the Treasury auction cycle is that the bond trading community tends to build in a "concession" ...
After a very long travel day filled with odd, time-sucking delays, when I arrived in Birmingham I was happy to hear Alabama on the Uber car’s radio singing, “My Home’s in Alabama.” “That my home's in ...
Bonds improved fairly steadily in the AM hours. After an initial glut of buying demand in the first hour of trading, there ...
Lower interest rates allowed mortgage activity to rise modestly during the week ended May 3. It was the first increase in three weeks. The Mortgage Bankers Association said its Market Composite Index, ...
There have been 3 winning streaks for mortgage rates in 2024 where the average rate has moved lower for at least 5 days and where the conventional 30yr fixed rate has fallen by more than 0.25%.
The theme of "waiting" amid an empty calendar will be played out by the end of the week (if it's not already played out from most of the past year spent waiting for only a handful of key events each ...
Last week was definitely important for the bond market.  The key takeaway was the Fed's acknowledgement of elevated inflation ...
Wednesday brought a full schedule of events and data for the bond market to digest and bonds dictate day to day changes in ...
Home price increases continued to accelerate in February even as interest rates also moved higher. Both the S&P CoreLogic ...
Rising interest rates continue to constrain mortgage borrowing. The Mortgage Bankers Association says its Market Composite ...
On most months in modern economic memory, a gain of 175k payrolls would be welcome news for the labor market.  Depending on ...
As 2024 has progressed, economic data--especially inflation data--have made it increasingly clear that rates will not be ...