06/24/2022
Financial markets leaning toward the end of higher rates and inflation next year; a pullback in commodities and the prospect of easing price pressures prompted traders to price in a peak for Fed rate hikes by the end of the year. If the Fed does...
06/17/2022
By the end of the day yesterday the 10 yr. note was down 8 bps and MBS prices down 2 bps; it was another volatile session, MBSs at 9:30 am ET yesterday down 102 bps and the 10 at 3.44%. This morning...
06/10/2022
Okay, so it’s understandable to hesitate when making this analogy: do you wash your dog’s bed even 1/10th as often as you change your sheets? Probably not. But you figure...