Mortgage bond prices have finally broken out of the tight trading channel. Unfortunately, the break out was to the downside, which is bad news for mortgage interest rates. Now that the floor of support has broken, there is significant room…
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Another Failed Move
Mortgage bonds ended the day yesterday above their 100-day moving average, only to...
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Lowest Jobless Claims Since 1969
Mortgage bonds remain trapped in a tight trading range. This range has held...
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Fed Sees Strong Economic Growth Continuing
According to the Federal Reserve, economic growth within the United States is holding...
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China Showing Signs of Slowing
Concerns over China’s economy slowing appear to be confirmed this morning, as data...
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Bonds Remain Range-Bound
Mortgage bonds continue to be squeezed between their 25 day moving average as...
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A Housing Slow Down Coming?
Mortgage bonds continue to trade in a tight range again this morning, as...
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Tariffs Continue to Rock the US Stock Market
Yesterday, the United States proposed a list of 10% tariffs on $200 Billion...
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Labor Force Shortages Pushing Wages Higher
Stocks are climbing higher this morning, making this the 7th day of gains...
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100 Day Moving Average Stops Bonds in Tracks
After another failed attempt to maintain above its 100 day moving average, mortgage...
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