Seasonally adjusted mortgage application activity edged 1.4% lower last week according to MBA’s Weekly Mortgage Applications Survey for the week endin...
Bonds have reversed the initial press conference weakness and are now at their best levels of the day with MBS up 3/8ths and 10yr down 4.1bps at 4.145...
Bonds were modestly weaker overnight, but have moved back into positive territory after this morning's Employment Cost Index and NYSE. This means 10yr...