CPI Came in HOT and Bonds Reacted Logically There's remarkably little else to observe beyond this morning's initial ...

Today's mortgage rate movement is very straightforward.  Unfortunately, it's also marked by a straight line toward higher ...

With the whirlwind of Trump Administration news (Jonathan McKernan to lead the CFPB, playing hardball in Gaza, ending penny ...

Hah! Just kidding… But did you think, “Oh no!” or “Yippee!” when you saw that subject line? The ups and downs of the Consumer ...

Any recap of financial news headlines will likely mention Fed Chair Powell's congressional testimony today.  Some efforts ...

We know that bonds take a majority of their economic data cues from two reports: NFP and CPI. We knew that today's CPI was ...

What to Expect From Wednesday's Inflation Data Bonds lost ground overnight in sympathy with European bonds. The domestic ...

Mortgage rates have been on a vacation from volatility since January 16th when they fell back toward 7% after hitting the ...

With Tokyo closed for a holiday, overnight Treasury trading was limited to futures markets until 2am ET.  Yields opened about ...

As always, the jobs report matters. Today, we're seeing an obvious reaction to a fairly minimal miss (143k vs 170k f'cast in ...

Friday brought the release of the big jobs report which is historically more likely than any other monthly economic report to ...

Minimal Selling Leaves Focus on CPI The first order of business this morning was to reconcile the weaker NFP reading with the ...