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Bonds Unfazed by Econ Data If you had to guess at the bond market's response this morning based solely on the outcome of the ...
Despite all of the economic data and news headlines over the past few days, mortgage rates have barely budged since last ...
There were multiple economic reports on tap this morning (4 of them in the 8:30am slot), but the headliner on a Retail Sales day is almost always going to be Retail Sales! In today's case, it came out ...
I forgot to put the seat belt on my five-year-old boy this morning and as we were leaving the trailer park, somebody shouted, ...
Bonds Give Free Preview of Post-Powell Momentum Everyone loves a good free preview, but not all of the bond market enjoyed ...
This morning brought another inflation report. Given the negative reaction to yesterday's inflation data, there was some ...
JPMorgan told FinTechs that it will charge for access to its customers’ bank information. The fees would bring big bucks to JPMorgan but eat into the profit margin of any lender or credit reporting ...
Tuesday's CPI reaction was frustrating. Bonds rallied for an hour only to sell off for the rest of the day starting at 9:30am ...
What's Up With The Paradoxical CPI Reaction? Heading into today's data, we knew there was a possibility of two separate ...
All Eyes on CPI Bonds have sold off a bit so far in July, but haven't lost much more ground versus last Tuesday as of this ...
Mortgage rates are based on bonds and bonds don't like inflation.  When inflation reports are higher than the market expected ...
Today's movement in mortgage rates, in and of itself, is barely worth mentioning.  The average lender remains close enough to ...