Recent News

At its current purchasing rate, the Fed is set to overtake banks as the largest mortgage bond investor, according to Walter Schmidt, senior vice president...

"Tech got blistered last week. But what I heard from a lot of clients is that... they'd been hoping for a kind of pullback," said Chris Low, chief economist...

“We’re seeing a bifurcation in the numbers, with GSE forbearances lower than the rates for the Ginnie space and the private-label space,” said Walt Schmidt,...

“The Fed will adopt explicit guidance, but it could take years before it is necessary because the FOMC is likely to wait until the market starts pricing...

“Jobless claims are no longer falling,” said chief economist Chris Low of FHN Financial.

Jim Vogel, Interest Rate Strategist for FHN Financial, on what's going on in bond markets.

Issuance is “going to be a question of degree,” said Jim Vogel, interest-rates strategist at FHN Financial.

However, some of the debt increase could come from the roughly 1 in 10 Americans who lost jobs in the pandemic and were putting staples like groceries...

“There’s still very real, very concrete problems that the country and the Fed need to address,” said Jim Vogel, interest rates strategist at FHN Financial....

"The consumer recovery continued in July, with solid growth in both income and spending," Chris Low, chief economist at FHN Financial, said in a note,...

“Quite a bit of the government relief still available in July ended in August, so next month might not look quite as bright,” said chief economist Chris...

Investors were betting that when he speaks on Thursday, Fed Chair Jerome Powell will create expectations of more inflation, said Jim Vogel, interest rate...

“Every time he makes an appearance, or goes to Burger King, people expect him to talk about inflation,” said Jim Vogel, interest-rates strategist at FHN...

Christopher Low, chief economist at FHN Financial, has more on the latest manufacturing numbers and other economic indicators from Europe.

"This is one of the first bad TIPS auctions in quite awhile," said Jim Vogel, an interest rate strategist at FHN Financial in Memphis, Tennessee.

“While the post FOMC minutes sell-off was overdone, it did correctly capture how sensitive aggressive trading accounts are to the near-term direction of...

"The dollar's rise follows days of dollar weakness and likely reflects the lukewarm appetite for further policy accommodation despite the Fed's concern...