Strange Combo of Excitement and Boredom Boring stuff first: there was no significant data, news, volume, or volatility today. Bonds gained modest ground early and then held mostly sideways through the ...
New week. Same grind. We're waiting (likely for a good while longer) for the government shutdown to end before the most ...
Logical Pull-Back on Tamer Tariff Talk, But Mortgages Outperform If there was only one event to be aware of on Friday, it was ...
By process of elimination and ongoing forensic efforts, it's becoming more and more clear that yesterday's mystery rally in the short end of the yield curve was a product of liquidity/reserve stress ...
Under the category of careers that are, or will be, impacted, by artificial intelligence, attorneys are inevitably on it. Here’s a tale of a lawyer caught using AI while explaining to the Court why he ...
The average top tier 30yr fixed rate was unchanged on Friday despite the bond market being slightly weaker. Normally, weaker bonds mean higher rates, but the timing of intraday market movement matters ...
Seriously... No One Seems to Know Today's most prominent feature was a large, rapid move in Fed Funds Futures and other short ...
Despite a stark absence of any truly inspiring events, interest rates have managed to put in two fairly serious days of ...