ARCHIVED BLOG POSTS
2015
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Markets in Germany reflected a slowing economy, while stocks in China fared better. The result was a mixed bag here with futures opening slightly lower. Core-logic reported that home sales were up 6% year over year while they showed a 1.2% increase from July to August. With no economic report...
10/06/2015
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Mortgage backed securities (MBS) closed up 9 basis points today at 104.53 having remained above the solid support offered by the 200 day moving average. Mixed numbers from Global markets allowed MBS bonds to make some small progress despite being up in rarefied air once again. Interest rates co...
10/06/2015
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Standard & Poors stock futures were pointing higher today as last Friday's poor jobs report was thought to have pushed out any Fed rate increases possibly as far as March of next year. This the first time we have heard a date that far into the future mentioned. Analysts now forecast only a 27% ...
10/05/2015
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Mortgage backed securities (MBS) closed down 15 basis points today at 104.44 having remained 32 basis points above support offered by the 200 day moving average. In light of a strong day in equity markets here, MBS bonds did well to lose only 15 points, especially considering the lofty level at ...
10/05/2015
Today's jobs report showed that only 142,000 jobs had been created versus the 205,000 that were expected. In addition, there were substantial downward adjustments to the previous two months. Stocks plummeted with Dow jumping down over 260 points. It looked like a very bad day. But then trader...
10/02/2015
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Mortgage backed securities (MBS) closed up19 basis points at 104.59 having crashed through two levels of resistance during the day prior falling beneath them both. It was a wild day in the bond market. When news came out that jobs report had missed its number bonds shot upward like a rocked. A...
10/02/2015
