Today's Gains Help Us Understand Yesterday's Losses Wednesday's weakness was severely lacking in the scapegoat department. In ...

There’s a splendid saying about the definition of an economist being someone who “will know tomorrow why the things they ...

Another "Just Because" Sell Off This is getting old...  and unfortunately, more prevalent. The bond market has been offering ...

Mortgage rates have done almost nothing but move higher in the month of May. The latest bump--seen yesterday--took the average top tier 30yr fixed rate to 6.99%. While this is fairly uneventful in the ...

As Roy Cohn once instructed a young Donald Trump, much can be accomplished by attacking first and dealing with the ...

In early April, amid the most volatile portion of the market's reaction to the tariff announcement, mortgage rates were ...

It's a potentially frustrating time for bond watchers. The rules have already changed in a big way to accommodate the new ...

This morning's market action is quickly helping us understand the enigmatic trading seen yesterday (i.e. a sell-off without ...

Bonds End Almost Perfectly Flat There are two kinds of rate/bond watchers today: those who tuned in late in the day to see ...

Heading into the session, we knew there was a high bar for CPI to have a positive influence on bonds with the future tariff ...

Tariffs and trade policy have been a new and important consideration for the bond market for just over a month now. That ...

Nearly a thousand of us head to Manhattan in less than a week for the MBA’s Secondary Conference. In 2025 Q1, the median ...