
Another Nice Drop For Rates, Now Near 1-Month Lows
Interest rates continue taking cues from the market rethinking the pace of AI-related growth/spending. Last week's focus was on Coreweave and a few other companies who saw their cost of financing rapidly increase--a sign that investors were starting to worry about future return of capital. One remed
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LO Performance, AI Governance, ARM, Non-QM Execution, U/W Tools; In-Person Events Into 2027
Lender and Broker Products, Services, and Software โReady to get ahead of whatโs next in mortgage technology? Join us for the client-exclusive Optimal Blue Summit 2027, taking place Feb. 1 โ 3, 2027, at the JW Marriott Desert Ridge Resort & Spa in Scottsdale, Arizona, for hands-on training, insightf
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Don't Overthink It. Same Old (New) Story
Oil prices are up. Bond yields are down sharply. If this was early September, that wouldn't make sense. Bonds decoupled from the oil correlation on Fed week and then REALLY decoupled as stronger econ data was priced in, starting with that very weird S&P PMI reaction on Sept 23. Ever since then, yiel
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Ultimately Flat After Options-Driven Volatility
Ultimately Flat After Options-Driven Volatility Treasuries continued in the same sideways holding pattern seen over the past 4 trading sessions. This generally mirrors a holding pattern in certain tech companies' credit risk metrics. In short, bonds currently have nothing better to do than wait and
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