Low Volatility Session Ahead of Fed Day 4 out of the year's 8 Fed announcements include an updated dot plot (i.e. a chart of ...

As we often discuss, mortgage lenders prefer to set their rates once per day. They only make changes when the underlying bond market makes a big enough move. While it wasn't an extreme example, many ...

Recall 2 weeks ago that news of the incoming German Chancellor's ambitions to massively increase debt/spending led to the end of the bond rally in the US that took 10yr yields from 4.55 to 4.15%. The ...

Mixed Reaction to Retail Sales Makes For a Boring Monday Despite coming in much weaker than expected, Retail Sales (the day's only big-ticket market mover) didn't provide much help for bonds. The ...

Mortgage rates are based on movement in the bond market, and the bond market is closed for most of the weekend.  As such, one ...

After improving modestly in the overnight session, bonds contended with the Retail Sales data at 8:30am ET.  At first glance, ...

Bonds were initially stronger at the start of overnight trading in Asia, but began selling off at a fairly steady clip almost ...

Even if Slightly Weaker Friday's trading session was the most uneventful of the week.  It began with moderate losses in the ...

Despite some ups and downs on a small scale, mortgage rates have been sideways in the bigger picture.  That's a good thing if ...

Time flies. We’re at “pi day” (3.14), two weeks until the end of the quarter, one month before our taxes are due. Tax returns ...

Seemingly overnight (i.e. over the past 30 days when it comes to markets reacting to economic data), the CPI and PPI ...