Someone asked me if I had plans for the fall. It took me a moment to realize they meant ‘autumn’ and not the fall of ...

Wednesday's Fed rate cut was the worst kept secret in the financial world for months, and the 50bp rate cut was increasingly ...

MBS Easily Outperform Longer-Term Treasuries Few market watchers would have guessed that MBS would have held almost perfectly ...

The post-Fed overnight session was surprisingly calm.  In fact, relative to the magnitude of yesterday's events and ...