After the 10 year note auction produced strong demand yesterday, mortgage bonds were able to regain their losses in late afternoon trading. This put bonds back above their 25 day moving average and right in the middle of the sight…
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No real incentive to float, locking bias
Mortgage bonds continue to be pushed lower, breaking beneath support of the 25...
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Locking bias
Mortgage bonds and stocks are again trading in opposition this morning, with stocks...
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Locking bias
The Bureau of Labor Statistics (BLS) released their estimate of new job creations...
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The risk of floating is elevated
The bond market is relatively flat today, which is a good sign in...
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Locking bias
The cat and mouse game between the stock and bond markets is in...
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Locking bias
Worldwide economic news continues to show that economies around the globe aren’t doing...
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Locking bias
The stock market is again taking direction from the Chinese markets. China’s government...
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Locking bias
We received some important economic reports this morning, all which came out as...
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Technical picture warrants a locking bias
Stocks had a stellar day yesterday and are once again shooting higher today....
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