MBS Day Ahead: Bonds Remain Open to Ideas as MBS Roll

Home / Blog / MBS Day Ahead: Bonds Remain Open to Ideas as MBS Roll

Posted To: MBS Commentary

In the day just past, bonds initially gave the impression that they were continuing to correct toward higher yields after weekend news of a trade "deal" with Mexico. Markets weren't as interested in the "deal" part (because nothing much changed from the preexisting arrangement) but rather in the fact that the tariffs Trump announced 2 weeks ago would be on hold. Despite initial weakness, bonds rallied steadily throughout the day as big buyers stepped in to snap up the higher yields. A strong 3yr Treasury auction helped. In the day ahead, bonds will get an even more relevant Treasury auction to digest (10yr) at 1pm as they continue to decide what to do between now and next week's Fed announcement. This week's economic data can have a bit of impact along the way...(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...

3fe92c02 3a29 4727 bd6c 83745ace30f9 fb37982c cd42 4ac8 9134 6a36ac9c49a1 457e55fd 4486 4fd4 8133 1e0b82f62887 68940333 e232 4b96 9746 3572fec284d4 e412b405 573f 4a39 b1e3 b4f701794c16 d9d87095 ead1 4545 bd95 47d013802e90 779191b2 78b4 4b84 9472 07ff013c02cc 306de8a4 a77d 4c8f ac35 531c211480bb 8ec31cd1 12ed 4bd5 9708 a41415b6eaca f7f197ff e448 4ffa 8666 67bb72b28acb 117e6684 90ed 49a2 99c5 4622df0f6763 03a1b67e 6024 402e a855 a89f53277706 74460805 42b5 4e2d abf4 c90621a3b0a6 512653a6 e494 43f2 811e d547860c7760 1fddede7 a618 4963 a4e7 745e16ec3a1d 4e414e60 eb82 4bab 8903 38b8d247b963 1a65754c d182 4ab3 8b36 06b4285c6ae7 45ae18d3 8fcc 4c15 94b0 038248395693 45972b6c b79c 451e 9da0 51126db77b49 0c1b71e5 1788 4b76 b0e1 1e7b1350dd15 d05839f2 0709 4a44 93bd 21d784c8f104 fcf59fc0 e7a3 4e10 8352 b61f9382dc8a d78da3eb 0d8c 4e75 a192 50eb6650e261