The bond market continues to trade in a way that counters common logic. This makes predicting long and short term directions of mortgage rates. Even the good economic news days haven’t deterred improvement in the bond market the past…
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Hand on the trigger
Even in light of news that should have helped mortgage bonds improve, they...
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High risk in floating
As anticipated in yesterday’s update, mortgage bonds broke beneath a significant level of...
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Locking bias
So far this morning, mortgage bonds gave up the minimal gains they made...
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Be very careful if you choose to float
After a brutal day on Friday, mortgage bonds are starting the day looking...
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If you choose to float, you may get burned
As anticipated in yesterday’s update, the market’s expectations were well below reality when...
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Great risk in floating
Mortgage bonds continued their steep decline yesterday, making the total damage up to...
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Big losses today
Mortgage bonds woke up this morning to news out of Europe that their...
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Markets can change without notice
Mortgage bonds continued their run higher on Friday after a low GPD reading...
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Don’t take your eyes off the market
Mortgage bonds continue their climb higher today, passing by the 25 day moving...
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