Last week wasn't great for mortgage rates.  They moved higher on each of the 5 days.  Moreover, there was a distinct lack of ...

Bonds were modestly stronger in the overnight session, and although domestic traders quickly erased the gains in the AM hours ...

This morning's Producer Price Index (PPI) came in hotter than expected in year-over-year terms (3.4 vs 3.2 at the core level) ...

Up until last Friday, 10yr yields closed at 4.17% for 5 days in a row. While that's technically "resistance," we're not ...

Ready For Anything After Pre-CPI Consolidation Bonds were arguably consolidating ahead of last Friday's jobs report with the ...

Inconsequential Weakness Bonds lost a moderate amount of ground on Monday with 10yr yields moving back above the levels seen ...

Why Bonds Sold Off After a Decent AM Rally It was a day for "explanations" in the bond market with the morning rally needing ...

Calm Week So Far, But All Bets Are Off After Jobs Report Bonds were slightly weaker overnight and did just a bit more selling ...

Why So Much Selling in Bonds? Without a doubt, it's been a frustrating and puzzling week for the bond market.  Everyone knows that bonds have moved consistently higher in yield, but there is very ...

Bonds can't seem to catch a break this week.  Data hasn't necessarily been unfriendly either with both CPI and PPI hitting forecasts at the core monthly level (not to mention higher-than-expected ...

I love Christmas lights! They remind me of the people who voted for (insert name of politician). They all hang together, half ...

There's no easy way to say it: it was a bad week for mortgage rates.  Actually, it was a bad week for interest rates in ...