MBS Day Ahead: Have You Heard The One About The Range?

Home / Blog / MBS Day Ahead: Have You Heard The One About The Range?

Posted To: MBS Commentary

So there's this sideways trading range, and we're waiting for bonds to break out. The end... Seriously though! It's really that simple . We'd been in a range of 3.06-3.09, for the most part, in the last week and a half of September, but thought SURELY there would be no way to remain in that range after the much-anticipated Fed announcement last week. As it happened, Fed day was only able to catalyze a tentative break below 3.06--one that didn't even materialize until Friday morning. To make matters more frustrating, bonds spent the entirety of Friday moving back up into the previous range. Yesterday saw the weakness continue, nearly to the point of reaching the upper boundaries (in fact, yields were as high as 3.095% in the overnight hours). Now today, we're starting...(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...

19eb7670 03fb 452f 8273 2427d601b2a4 df632541 b6ed 4758 9df4 cb3ff97c335a 5ac2ff39 83fe 4ce6 a482 611f8501582d 82270505 1c29 4c74 8756 647ff32d0a09 28cd4979 2a96 47df b12e 7fcaeca30d50 b73e364b 263a 44e3 abf3 aef1e141437c 189ecb5f e694 4a6b 9dcf 73a49ea2e2e5 c262e563 7054 4ae5 8d22 f250d09eebe9 84e9a7d2 fcb2 4671 9785 e4515d0dff6e 5308bf9a c4ff 494b aa4a 12152e165349 cc5ae4c2 4d06 4e34 8df3 4f105d4d8b47 a02d0654 dd6e 4193 9d24 720f4bd80703 41ebbf26 50e6 40ef a42c e8d01b519af2 3511b5ec 589a 4b6c b9d5 eb5a1f725e96 e92808c5 67a9 4c5a 99e1 70bca35cbc77 e1c90e3c 2db6 4db7 a9a7 34aac17bcb82 fed9ee07 8ab8 4e18 9500 a219c02ced6b 5d86a017 8420 4e32 8a30 ef95a2d57ded c213d054 b87e 4681 a0ee d6bdaae0fb1a 002f30dc e2fa 4894 9aa2 af0c9bc525a3 080ac70d cf51 4bc0 9836 a3d1ba8a2cf7 62b870a2 638f 487f 91af cf4f2c21c851 f1dbbe15 2dd7 4777 80ef 90f7312556c8