MBS Day Ahead: Bonds Gearing Up For Unfriendly Fed

Home / Blog / MBS Day Ahead: Bonds Gearing Up For Unfriendly Fed

Posted To: MBS Commentary

It would be a tad dramatic to say that rates are at a crossroads as we head into the end of September, unless there's any additional weakness this week. That's because any additional weakness will bring yields closer to breaking 2018's previous high of 3.128% set on May 18th, 2018. When rates break a long-term high, there's always a risk that the previous ceiling will act as technical line in the sand. The natural fear would be for such a breakout to prompt additional momentum toward even higher rates . That's always a possibility, but it's one of two. The other possibility--in the event of additional weakness this week, of course--is that yields would simply be stretching the boundaries of existing ranges or perhaps just extending an upwardly-sloped trend. In he case...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Source: http://www.mortgagen...

328782d3 d783 4202 a60c 1aa2beaafa81 82640417 ed40 48c4 86ff 5de9057e0f39 bde54998 29cf 4a74 b6b0 499a44c7b34a 26163b6f c585 412c afe7 cfaecb525c52 4e1c30b4 eb79 4ad6 9daf c1d4ec39a640 cee7f6f7 7909 4e31 8247 6381da53090a 4a7108ef 74aa 4991 b737 26d5766d5854 d828a375 db66 4df1 a0fe caed55a19115 38e869ee f1a9 46fd 8d1e a9b9f742551b 3ae1de7f 1b81 48e1 acf3 b8a69207870d 5288294d 2f74 4744 89b3 17d8bb9b47ad 5fefcc55 c3a9 47eb bedb 579dc15185d3 47599a48 b7c2 4d75 83b7 0892e1e80fbc 8ffa3c7b 3826 48a6 9d2a cb167ffffc78 b27d5666 6e87 4e73 a061 e8d36ff9a9ee 12e0e3b5 1922 4623 aa22 99ce8e940f4a 4bca2cd2 00cb 4c24 87d4 a327256c9583 cf9387d6 c347 464c 8579 ea0bae45aadb 42181ba5 fe82 4927 ade7 365ef89ef5f4 e2fdc7c2 53b9 48eb 970a d0cbb2975c49 8d309af3 4baa 4a04 9d00 e80bf4a8ee2f cb9aff26 cb1b 43c1 b326 c7dfb6d81993 4fd74f74 0923 48db ac36 22069d7cfc38