Mortgage bonds are near flat on the day so far, as bond investors wait for the stock market to decide on its direction. As expected, stocks closed above their 200 day moving average on Friday. Since it has been years…
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US Stocks Rebound
This morning’s headlines read “US stocks rebound” as the Dow opened 300 points...
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Bond Prices Holding… For Now
Mortgage bonds are holding their ground today, which is great news for mortgage...
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Trade Deal Boosts Stocks
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Tame Inflation Fails to Improve Mortgage Bonds
Mortgage bonds are trading near unchanged levels this morning, which is a bit...
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