The options market is reminding investors there’s a cure for rising bond yields — higher yields
The MOVE Index — the Treasury market’s “fear gauge” — has reached heights that in the past suggested yields may have peaked, at least for now.
The MOVE Index — the Treasury market’s “fear gauge” — has reached heights that in the past suggested yields may have peaked, at least for now.
Mortgage rates had a tough day on Friday, largely in response to bond market volatility surrounding heavy forex trading as a part of US/Japan efforts to prop up Japanese currency (not a common source of inspiration for rates). Higher oil prices didn’t help. As we begin the new week, de-escalation in the Iran war pushed…
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What people often miss on CPI day is that the number itself isn’t what moves the market. The common reaction is to check whether the 3.4% number is high or low. But it’s all priced in advance. The real driver of EUR/USD is the gap between the actual number and what the market was positioned…
Shares of Salesforce jumped more than 20% Thursday after the company reported a beat on second-quarter earnings and announced an expanded partnership with artificial intelligence startup Anthropic. The stock is on pace for its second-best day ever, trailing only August 2020, when shares jumped roughly 26%. CEO Marc Benioff and Anthropic CEO Dario Amodei joined…
“It’s a very, very, very big market,” he said. “In fact, it’s a bigger market than the overall traditional market as a whole.” The distribution gap between reverse and conventional is part of what he’s hoping to address, Peskin said. Reverse mortgages are offered by approximately 2% of originators while HELOCs are offered by the…
A lender has defeated a spam-call complaint only a few months after the plaintiff mounted an attempt to certify a class of over 50,000 affected consumers. Processing Content A California federal judge entered final judgment in favor of LoanStream this week, ending a two-year-long Telephone Consumer Protection Act complaint. The wholesale and non-qualified mortgage lender,…