Yesterday's end-of-day recap bore the title "Half-Hearted Correction Continues." It turns out that should have been the title for this morning's commentary as it's a

Half-Hearted Correction Continues Don't call it a correction.  Yields may have rallied 30bps in just over a week and apparently bounced almost perfectly at 4%

What goes down must come up? Definitely not always the case, but true this time for residential construction numbers. The Census Bureau’s latest report showed