The Head & Shoulders pattern in the bond charts yesterday proved to accurately predict a move lower. Mortgage bonds are now matching the lows we saw in early June, which were last seen nine months prior. With bond prices continuing…
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Locking Bias
Mortgage bonds are having a rough start to the day. They remain trapped...
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Locking Bias
Early reports out of Greece indicate that the deal they were hoping to...
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Locking Bias
Mortgage bonds fell dramatically yesterday, pushing mortgage rates up about 1/8% across the...
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Locking bias
Mortgage bonds attempted to break out of their viscous downward channel that has...
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Locking Bias
Mortgage bonds have lifted higher on news out of Greece that they may...
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Risk of floating remains high
Mortgage bonds gained back their losses in yesterday afternoon’s trading. Fed President Janet...
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Locking Bias
Mortgage bonds continue to battle the overhead resistance level we have mentioned the...
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Locking bias
Mortgage bonds started the day strong but have since lost some steam. ...
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Bonds still lack strength
Mortgage bonds are slightly higher so far this morning, following news out of...
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