Total Number of News: 202
  • 6/17/2005 - Mortgage Headlines
    Mortgage Rates and Treasury Yields Remain Steady
    With little in the way of economic news to provide guidance, U.S. Treasuries closed Friday just about where they opened, and most of the moves in between were technical in nature. The only outside data came from the University of Michigan's preliminary c...
  • 6/16/2005 - Mortgage Headlines
    Treasury Yields Edge Down But Mortgage Rates Hold
    A surprisingly weak report on June manufacturing conditions in the mid-Atlantic region on Thursday finally gave traders a reason to buy U.S. Treasuries, and buy they did. Treasury prices rose and their yields, which move in the opposite direction of pri...
  • 6/15/2005 - Mortgage Headlines
    Treasuries Recover, Mortgage Rates Barely Uptick
    U.S. Treasury securities prices recovered from morning weakness Wednesday as crude oil gave back early gains, while traders for a second consecutive day initially shrugged off soft economic data that pundits otherwise would consider bond-supportive. The ...
  • 6/14/2005 - Mortgage Headlines
    Mortgage Rates Remain Stable
    U.S. Treasury securities failed to rally on Tuesday in the face of two market-moving economic reports that appeared to be bond friendly. Both the Producer Price Index (PPI) and Retail Sales showed no signs of inflation or a growing economy. Although Trea...
  • 6/13/2005 - Mortgage Headlines
    Mortgage Rates Begin to Creep Up
    A fourth straight day of selling in U.S. Treasuries Monday sent prices tumbling and yields, which move in the opposite direction of prices, climbing. The yield on the benchmark 10-year note hit 4.08 percent - its highest level since May 26. Selling was s...
  • 6/10/2005 - Mortgage Headlines
    Mortgage Rates Poised to Rise on Trade Deficit
    An increase in the U.S. trade deficit in April that featured record imports and exports spooked bond traders on Friday and ignited a major sell-off in U.S. Treasuries. The strong numbers built a case for a healthy economy, the possibility of an upward re...
  • 6/9/2005 - Mortgage Headlines
    Greenspan Disappoints Bond Traders, But Mortgage Rates Hold
    The highly anticipated testimony by Fed Chairman Alan Greenspan before the Joint Economic Committee of Congress ended in disappointment for traders of U.S. Treasuries on Thursday. It was hoped that the Fed chief would call an end to rate hikes in the nea...
  • 6/8/2005 - Mortgage Headlines
    Mortgage Rates Unchanged in Spite of Treasury Sell-Off
    U.S. Treasury securities sold off on Wednesday as traders awaited Thursday's testimony by Fed Chairman Alan Greenspan before the Joint Economic Committee of Congress. Greenspan's bullish comments regarding inflation stoked a rally in Treasuries on Tuesda...
  • 6/7/2005 - Mortgage Headlines
    Treasury Rally Keeps Mortgage Rates Low
    U.S. Treasury securities rallied for a second day on Tuesday - this time on encouraging words by Fed Chairman Alan Greenspan. Last night Greenspan told a bankers conference in Beijing via satellite that he expects yields on long-term Treasury notes and b...
  • 6/6/2005 - Mortgage Headlines
    Financial Markets Trade Flat, Mortgage Rates Remain Low
    The financial markets took a break on Monday after a tumultuous week that saw U.S. Treasury yields, which move in the opposite direction of prices, fall to 14-month lows. Signs that inflation, which robs fixed-rate assets such as bonds of their value, is...