I received this note from Dallas. “I like ‘dillos, but I don’t support giving them guns because... I would never armadillo.” ...

Bonds rallied overnight, largely in concert with lower EU yields. Stable inflation in Germany and lower oil prices helped.

Pundits, politicians, and everyone else can continue to assume that mortgage rates will respond to changes to the Fed Funds ...

Bonds Eventually Pass on Decisive Reaction to Tuesday's Data Right at the 8:30am release time, bonds rallied on core CPI ...