Ultimately Uneventful Despite Modest Weakness Bonds lost ground modestly today with the ultimate damage being roughly an eighth of a point for MBS and less than a bp for 10yr yields. The selling was led by the short end of the curve (i.e. 2yr yields were up 1.5bps). There wasn't any obvious catalyst

Nearly 15 years after opening its doors in the wake of the financial crisis, the Consumer Financial Protection Bureau (CFPB) is operating in a markedly different form than it did just a year ago. Since the Trump administration took over at the start of 2025, the agency’s operations have been in limb

Cody Pearce has returned to YES Communities, one of the nation’s largest manufactured housing community operators, as president, effective July 13, 2026, the company announced. Pearce will oversee day-to-day operations at one of the nation’s largest owners and operators of manufactured housing commu