Ask your favorite curmudgeonly old market watcher and they'll be happy to explain what "always" happens in financial markets ...

The most common interval for scheduled economic data is "monthly."  That means that things like inflation, sentiment, job ...

What do giraffes and zoning regulations have in common? They both don't exist in Texas.” I am not heading there for a while, ...

Tuesday brings a classic example of a seemingly significant geopolitical headline resulting in a completely underwhelming ...

Bonds Give Back Most of The Overnight Gains Stocks and bonds had a logical response to the threat of global nuclear war overnight, but even at the height of that trade, the gains weren't too big for ...

Historically low interest rates may not have guaranteed historically high levels of housing activity, but exceptionally high ...

The average top tier conventional 30yr fixed rate was just a hair over 7% on Friday afternoon and the same is true at the start of the new week.  Rates are based on bonds, but while bonds move ...

Still Waiting For an End to Unfriendly Trend It was an uneventful Monday for the bond market.  Economic data was limited to the NAHB Housing Market Index (builder confidence)--a report that hasn't ...

While financial news outlets continue focusing on politics and Trump's cabinet picks, the bond market is expressing anxiety about the risk that economic data continues coming in hotter than expected.

Demographics matter. Although I am sending today’s Commentary out from a Dunkin’ near Columbus, Ohio, yesterday I found ...

This afternoon's mortgage rates are higher than yesterday's latest levels.  That's a result of bond market weakness seen late ...

Losses... weakness... selling pressure...  When any of these things happen in the bond market, it puts upward pressure on ...