Article archive
12/30/2011 12:19
The final day of the year; nothing of substance to think about. No news of consequence out of Europe, the various markets in Europe are slightly better today. At 9:00 this morning the US stock indexes traded fractionally lower, the 10 yr note +3/32 and mortgages at 9:00 +5/32...
—————
12/28/2011 11:19
Started a little better this morning in the bond and mortgage markets, still with very thin volume. The 10 yr note and MBSs are toying with key technical levels now, if the rally is to continue the 10 must get back below 2.00% and hold there---something that it hasn't been able to...
—————
12/27/2011 11:51
Last Friday treasuries took a fairly large hit as traders backed away from heavy long positions into the long weekend; mortgage prices were soft all day but also on thin trading and following the bond market. This morning treasuries opened a little better with mortgage prices generally...
—————
12/25/2011 11:50
Happy Holidays from Capital Funding & Solutions!!!
—————
12/23/2011 10:20
Treasuries and mortgages opened weaker this morning in very light trading, most traders are off today. The markets will close early this afternoon; all but the stock market that will go with normal hours.
At 8:30 Nov durable goods orders were up 3.8% (forecasts +2.0%); ex...
—————
12/22/2011 10:18
Weekly jobless claims were expected to have increased by 14K based on surveys of economists and analysts; claims as reported fell 4K to 364K, the lowest weekly filings since April 2008. Continuing claims fell 79K to 3.55 mil; continuing claims figure does not include the number of...
—————
12/21/2011 14:33
Early this morning the stock indexes were better after the strong rally yesterday, the bond and mortgage markets under pressure; by 9:00 the indexes reversed and were lower taking the rate markets back to unchanged. Trade continues to thin out with holidays coming on quickly, increasing the...
—————
12/19/2011 13:02
Quiet but weak start today in the bond and mortgage markets. Europe's stock markets better except for the UK, its index down slightly. This week is likely to be thin trading with the holidays and an early close in the bond market on Friday. Although there are a number of key...
—————
—————
12/16/2011 13:07
Yesterday the bond and mortgage markets were unchanged in very narrow ranges all day;today the markets starting the same way with little change from yesterday's closes. At 8:30 Nov CPI, the only data today, the overall and the core were expected +0.1%; as reported the overall was...
—————
