Mostly Sideways. Volatility Elsewhere The legend of the bond market's extreme apathy is increasingly making the rounds in ...

While not as disruptive or publicized as the most recent example, there's a partial government shutdown underway. Even if the ...

Regarding rate movement, the bond market often does the Fed’s job for it, and so whatever the Fed’s Open Market Committee actually does is almost an afterthought. The partial U.S. Government shutdown ...

Weakness in the bond market generally means higher mortgage rates. Today was no exception. A key economic report on the ...

Data-Driven Sell-Off Dominates The Day. No Jobs Report on Friday Very little changed after this morning's commentary. At the ...

Both the FHFA and the S&P/Cotality Case-Shiller home price indices released November data this week, and the combined message ...

There are lots of rumors about more M&A. For example, Maxwell, a POS and mortgage origination services company, being ...

Mortgage rates trickled modestly lower again today for the 4th straight business day on Monday. The average top-tier 30yr ...

Some would say there were warning signs, such as last week's Chicago PMI surging to the 2nd highest level since 2022, but that was generally dismissed as a noisy outlier in a data set that is ...

PPI... The Producer Price Index. It sounds a lot like CPI because both are published by the Bureau of Labor Statistics and ...

Mortgage rates may not be as low as they were before the weekend's geopolitical headlines, but they've moved just a hair ...

Small, Steady Gains and MBS Outperformance It was a relatively quiet Monday for the bond market, but not a bad one.