Drama - SuperDuperDiscounts

Bond Market Only Marginally Interested in Powell Drama For Now

Mortgage & Loans / January 13, 2026

The most important-sounding news over the weekend was last night’s subpoena of Fed Chair Powell over statements made to congress regarding the Fed’s building renovations. Bond yields were slightly higher this morning and commentators erroneously connected those dots. There was actually no meaningful movement in either direction when the news hit, but trading volume confirms […]

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While One Suit Over Citizens’ DOAH Hearings is Dropped, Drama Builds in Another

Life Insurance / September 8, 2025

A federal judge agreed to dismiss a lawsuit brought by a 92-year-old Miami homeowner claiming that a state-run arbitration agency deprives policyholders of their constitutional rights when reviewing claims disputes against Citizens Property Insurance Corp. “The dismissal is effective immediately upon the filing of a written notice of dismissal, and no subsequent court order is

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Another Slow Start Despite Underlying Drama

Mortgage & Loans / August 26, 2025

Focusing only production MBS coupons and longer-term Treasuries, the bond market is off to another slow, sideways start today with minimal change versus yesterday. With all of this morning’s data now reported, we’ve seen no measurable impact on bonds. The overnight session was a different story but not due to econ data. Rather, bonds responded

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