MBS Day Ahead: Is it 'Game On' For a Rally?

Home / Blog / MBS Day Ahead: Is it 'Game On' For a Rally?

Posted To: MBS Commentary

September has been a long month for the bond market as rates quickly trudged back up to levels that aligned with our more pessimistic assumptions for 2018. With strong average hourly earnings to start the month and several other upper tier economic reports coming in at the best levels in many years, it wasn't too hard to reconcile the weakness. We've been forced to watch and wait for the first ray of sunshine to peak through the clouds. After the past 3 days of trading, we have our first potential break in the clouds. The most highly risk-tolerant clients and originators will be justifiably tempted to float here. That's been the case since Wednesday afternoon's Fed events (or possibly as early as last Friday for the truly bold who believed the year's previous highs would...(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...

db15667a bf5a 4415 8c22 21e7962e8f6a f73d8b20 9b14 4389 9500 49aadf11e537 5966f485 a71a 4bbd 983c 41af5b9c02da a55d4bca 9039 434b ba90 3c31cf278ed7 3da35661 9ce8 443b bd84 f7670496a409 dab0a386 9cf3 4da0 aefa 94e236090998 df2d273b 12c6 4931 a586 dcf2eebeecdb 164e2794 564e 4353 8b47 94358b4d52e0 1813ffe7 b6c8 4a5e ad7f 587d84220859 63144491 9202 4c65 997b b6d551f857e2 ff09e031 7764 47f1 8f93 0fa03362e291 68d43b63 17fc 4887 a4b5 39930cdc06fb afe4b3a5 85da 424b 80ab bd3d5556b468 1feadd39 43cc 4a8b b3cc eab4dc2e73ed 8b72f6b7 d543 4869 bbe3 a4905b3fa3a6 ceddd8de 5c31 4047 8038 63a807fdf4b4 9272aaff 3fdd 4e3e b019 17018a5a6b3e 4e679b5b 775f 4414 8b58 845e41d3758b c557a34d 36b6 4976 b508 c9c212abf89c 7960946c aaaa 459e a1f6 3ed6d947e16a e148b1b1 cafe 417e 81bc 2c796bcc510a 94203ef2 207e 48dd 9e87 144454af3883 2f35772d facf 46b0 a5f1 bbfe872b3cb0