Perfectly Logical Reaction to On-Target Data It's not necessarily a fun fact to face, but today's bond market sell-off was a ...

Mortgage rates have enjoyed a nice run since May 21st, with the MND Index (average top tier 30yr fixed scenarios) falling from a recent peak of 7.08% to this week's low of 6.87%. As recently as ...

The bond market was likely taking a bit of a lead-off ahead of today's jobs report, inspired by a string of weaker economic ...

The Mortgage Bankers Association’s (MBA) latest survey showed a pullback in mortgage applications, with rates dipping slightly after a three-week climb. The week’s numbers were also affected by the ...

Bonds Dial Back Ahead of Big Jobs Report It was a fairly interesting day for bonds, relative to the calendar of scheduled ...

Mortgage rates began the day perfectly in line with yesterday's latest levels for the average lender. By the afternoon, the ...

The last time I was in Florida I saw a bumper sticker that said, “I thought growing old would take longer.” This weekend I ...

Bonds began the morning in rally mode, even if not in an extreme way.  Gains lasted for about 20 minutes before reversing. ...

Strongest Close of the Week After Well-Contained Month-End Volatility There was always a reasonably high bar for today's econ ...

Big Bond Rally After ADP and ISM We knew the onus was on weaker economic data to justify any decent drop in rates/yields and ...

Whether or not today's drop in rates is meaningful depends on one's perspective, but in the context of recent rate movement, ...

Minimal Movement Amid Absence of Data It was ultimately a fairly uneventful session for bonds with the 5yr Treasury auction ...