Several things happen on Fed Day--especially on the 4 out of 8 examples with updated rate forecasts from Fed members.  The ...

Powell Press Conference Trumps The Dots, Sparking Moderate Sell-Off Of today's Fed events (rate announcement, dot plot, and ...

The Fed rate announcement is at 2pm ET. A single 25bp rate cut is fully priced in to the bond market and that cut will not be ...

Mortgage rates dropped sharply lower today relative to the amount of movement in the underlying bond market with the average ...

Big Shift Toward 5.0 Coupons Continues Mortgage rates have lurched rapidly lower in September as 5.0 UMBS have stolen the ...

After last week's CPI data was taken mostly in stride, the only other potential economic data hurdle was this morning's ...

Mortgage rates have done almost nothing but move lower over the past 4 months. The first Fridays in August and September ...

Today's inflation report (the Consumer Price Index or CPI) certainly had a chance to create volatility for rates, but things ...

Uneventful Rally. Retail Sales on Deck Bonds began the week on a stronger note, but not for any glaringly obvious reasons.

For all the time we spend pushing back on the notion that the Fed Funds Rate is a root cause for volatility in longer-term ...

Bonds began the week with 10yr at 4.07 before rallying down to 4.04 by Monday's close.  Now on Friday, we're opening at 4.06 ...

All I know is what I read in the papers,” Will Rogers quipped. In news in the papers from our Census Bureau, AI use at large ...