How ‘bout some good news? Last week’s apps skyrocketed, and… Builders are sitting on a pile of unsold homes and are slashing ...

MBS are down the better part of a point and 10yr yields are up 14+ bps at 4.44%.  Another huge loss that leaves market ...

Heavy Losses as Bonds Brace For Tougher Times This morning's commentary suggested that "liberation day volatility has come ...

Explaining Monday's Wild Ride in The Bond Market It was an extremely volatile, frustrating, and downright weird trading day ...

Despite today being "jobs report Friday," and despite the jobs report perennially having the power to cause big volatility ...

While no one can be sure exactly how things will pan out in the long run, the market is currently expressing extreme ...

Tariff volatility giveth and taketh from interest rates.  Up until Friday afternoon, it's been mostly "giveth-ing."  In other ...

Many people told Beethoven that he would never be a musician because he was deaf. Did he listen?” This week hundreds of ...

Despite a big risk-off move (stocks and yields lower) to start the overnight session, markets gradually unwound that trade ...

The past 2 days of selling in the bond market may seem dramatic, but they make solid sense in the bigger picture. Trump's ...

The Mortgage Bankers Association (MBA) released the latest mortgage application data this week showing a modest 1.6% decrease ...

Ahead of next week’s MBA Advocacy event in Washington DC, I received this note from an industry vet. “With the continued ...