Lykken on Lending

 [Matt] This is Matt Graham with the MBS live market update. Last week was an interesting one for the bond market coming off of the non-farm payrolls reading from September 6th. The bond market continued to move away from a 50bip fed rate cut in favor of a 25.  And at first glance, this had a lot to do with the CPI reading that we got on Wednesday … [Read more...]

 [Matt] This is Matt Graham with the MBS live market update. Last week was an interesting one for the bond market coming off of the non-farm payrolls reading from September 6th. The bond market continued to move away from a 50bip fed rate cut in favor of a 25.  And at first glance, this had a lot to do with the CPI reading that we got on Wednesday … [Read more...]

[Matt] This is Matt Graham with the MBS Live Market Update. Last week was an exciting one for the bond market and the mortgage market with several big-ticket economic reports and a generally high level of volume and volatility. This began right out of the gate on Tuesday. It was a holiday shortened week due to the Labor Day weekend and some of the … [Read more...]

[Matt]   This is Matt Graham with the MBS live market update. The last two weeks have been extraordinarily eventful for the bond market with a few bigger picture milestones being taken out. The most significant of those occurred on Monday morning with the uninversion of the yield curve for the first time since it inverted. About two years ago, … [Read more...]

[Matt]  This is Matt Graham with the MBS Live Market Update. Last week was less eventful than the week before. When it came to bond market volatility and interesting developments that impacted the bond market. In fact, there really weren't any developments that overtly impacted the bond market if we were looking for big ticket items on the … [Read more...]

[Matt]  This is Matt Graham with the MBS live market update. Last week was an important week for the bond market. Even if the outright movement wasn't extreme, it was nonetheless favorable. And that was exclusively due to the consumer price index, AKA CPI. Which is the first major national inflation index that comes out on any given month and … [Read more...]

[Matt]  This is Matt Graham with the MBS live market update. Last week was an interesting one shortened by the independence day holiday, and it got off to a much weaker start for the bond market. And that was a carry over trade from the previous Friday. Itself sort of suggested to be a factor of either the presidential debate or month end trading. … [Read more...]

[Matt]  This is Matt Graham with the MBS Live Market Update. Last week was an interesting one for the bond market. Not quite as high in terms of volatility as two weeks ago, when we had a CPI pushing back against the jobs report from the week before that, but things definitely began to happen and were markedly more volatile than the previous … [Read more...]

[Matt] This is Matt Graham with the MBS Live Market Update. Last week was fairly uneventful for the bond market and punctuated by Wednesday's holiday closure. The week really didn't begin in earnest until retail sales came out on Tuesday morning. The headline was only slightly weaker than expected at 0.1 versus 0.2, but the revision to the previous … [Read more...]

[Matt] This is Matt Graham with the MBS live market update last week was hotly anticipated, to say the least, coming off the previous week's super strong jobs report numbers and the associated bond market sell off. Traders were waiting for CPI and the fed the consumer price index to have the final say as to whether or not rates should be heading … [Read more...]

[Matt] This is Matt Graham with the MBS Live Market Update. It was a wild and interesting week for the bond market last week, for a variety of reasons, lots of moving pieces, lots of back and forth, and even some counterintuitive movement. Started off on Monday, with that being the first day of the new month, that can sometimes bring in its own … [Read more...]

[Matt] This is Matt Graham, with the MBS Live Market Update. Last week was holiday shortened as Monday was closed for Memorial Day. Bond traders got into the office and immediately began selling bonds, making it for a very volatile start to an otherwise fairly uninspired week in terms of scheduled data and events, there were several market movers … [Read more...]

[Matt] This is Matt Graham with the MBS live market update last week was unequivocally all about Wednesday's CPI release, the consumer price index that has taken the place of the jobs report as the most important piece of scheduled economic data on any given month these days. And it did not disappoint in terms of the amount of market movement … [Read more...]

This is Matt Graham with the MBS live market update last week is really a story of the week before that and the present week, because those two weeks actually have something going on, or had something going on. In the case of two Fridays ago, that was the jobs report that came in quite a bit weaker than expected and sent yields back into the range … [Read more...]

Hey everybody, Matt Graham with the MBS Live Market Update last week was hotly anticipated for the bond market with a big schedule of events including economic data, the Fed announcement and Treasury's quarterly refunding estimate and announcement, we started off with the ladder Treasury released estimate for funding needs for the upcoming quarter … [Read more...]