The morning has been both straightforward and interesting.  The straightforward part involved a moderate sell-off following ...

When I was young man, I met a girl in Tennessee who turned out to be a moonshiner’s daughter. That was a long time ago. But I ...

While there's been plenty of movement in the average mortgage rate on any given day recently, today was not one of them. 30yr ...

It's not entirely clear if it's a can or the proverbial bucket. All we know is that mortgage applications have been kicking ...

Bonds managed a moderate rally in response to this morning's inflation data.  While it has since been mostly erased, it was ...

Bonds sold off on Tuesday both during the domestic session and in the overnight hours leading up to it. Motivations are a ...

In the run up to the election, we offered constant reminders that a 10bp move in Treasuries wasn't really a big deal, and ...

Many believe, and with good reason, that there will be some turnover at the CFPB coming up. Here are the pay grades if you’re ...

"Buy the rumor, sell the news" is an age-old aphorism in financial markets for a reason.  It accurately speaks to the real ...

Back to Uneventful Already? MBS are ending the trading day at almost perfectly unchanged levels--not the sort of thing one ...

This morning's only relevant economic data was weekly jobless claims.  The headline was right in line with forecasts and the ...

Breaking Down The Big Non-Fed-Related Rally As intraday charts give way to daily charts in the coming weeks, it will be all ...