As rumors of the demise of HMDA reporting swirl, as well as a 50 percent reduction in HUD headcount and actual VA cuts, think about this the next time you go into a grocery store: It’s not like ...
Traders have done a reasonably good job of making it back to the office after the 3-day weekend. Volumes are almost in line with last Tuesday (also a day without any big ticket economic data in the ...
I spent a little time in the Miami Airport and overheard two people discussing how they were waiting for a builder in Tennessee to finish their home… And hoping rates didn’t go higher. I remained mum.
CPI Came in HOT and Bonds Reacted Logically There's remarkably little else to observe beyond this morning's initial ...
With Tokyo closed for a holiday, overnight Treasury trading was limited to futures markets until 2am ET.  Yields opened about ...
Little Changed After Early Rally and Steady Selling Monday ended up being a relative non-event for the bond market. Trading ...
Perhaps the most notable market-related headline over the weekend was Trump's pre-announcement of 25% tariffs on steel and ...
Paradoxical Rally Gets Logical After Retail Sales If yesterday's PPI-driven rally was a paradox, today's continuation was ...
The final two days of the present week weren't on many bingo cards as of Wednesday afternoon.  At the time, rates were ...
What's Up With Today's Paradoxical Bond Rally? PPI may not be as heavy a hitter as CPI on average, but one could make a case ...
In this week's update on mortgage applications from the Mortgage Bankers Association (MBA), purchases continued a modest ...
What a difference the past two mornings have made for a bond market that was seemingly on the ropes on Wednesday. After ...