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Sideways trading pattern

As we expected yesterday, mortgage bonds have fallen to the next layer of support after breaking beneath the 50 day moving average.  In early trading this morning, they breached another level of support, but has since recovered their losses, for…

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Locking Bias

Another move higher in the stock market is adding pressure to the bond...
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Careful floating stance

Both stocks and bonds are up today, with very little economic news to...
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July 7

Following last week’s rough go in the bond market, Mortgage Bonds are attempting...
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Locking Bias

The stock market made history this morning, with the DOW Jones Industrial Average...
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July 2

According to ADP, there were 281,000 new jobs created in the month of...
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Forever grateful to our service members!

Mortgage bonds poked their head above the support that has held them back...
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Prudent to Lock

Mortgage bonds closed the day yesterday up 2 basis points, while the stock...
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May 21

Today is a Fed Meeting Minutes release day.  The minutes will be released...
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May 20

Mortgage bonds are pointed slightly higher this morning, as the stock market appears...
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