MBS Day Ahead: What Do Bonds Care About Right Now, And Can The Answer Help Us?

Home / Blog / MBS Day Ahead: What Do Bonds Care About Right Now, And Can The Answer Help Us?

Posted To: MBS Commentary

It's no mystery at this point that the US bond market has exited its steep, directional, and super friendly move to long-term lows over the past few days. While yields are starting the day in slightly better shape than yesterday, they're still high enough to keep that negative confirmation intact as we head into the rest of the week's data and events. Looking at a medium-term chart of 10yr yield candlesticks (hourly), we can see most of the relevant technical considerations . The dotted teal line highlights that steep/directional/friendly trend I just mentioned, while the yellow lines highlight the broader trends that are converging heading into Friday's NFP. Meanwhile, the horizontal lines remind us of the pivot points we should be keeping an eye on. Note the break above 2...(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...

636bfee0 a58c 4f24 a9a6 90670610a21b 7677d46a ff91 4350 a040 d449b1ad7446 05130fcf 16a7 44cd 9db9 cbaef7080bd0 ed38c354 7670 42b1 a176 ddfd9aab2f2b 01b55259 e2af 4eba 8154 72b138958bcb da12f7bb a26e 4854 bddb e5fd19eb9eec 38a07350 bd75 4ae3 b711 4775dbe7c12f 0a255132 e4ba 4570 9067 d3972cf9a0c4 6a52efbd 68a2 4285 8ed0 cb8028ad09ff 2e895ad9 b826 41f4 9ff0 39438850d149 115b9917 94fe 4ba5 afa7 8b276dabab39 53647dd9 ef57 491a 82f5 c814a55e827b f93828cc 3986 4e60 bd74 a412dbde216b 5a71af11 9ebd 4306 beda bd2456a2455d 9d52e7ef 8271 47cc 9c24 9466a733ef1c 8e643393 579b 44f1 9beb 1f57efb014b3 76b3bdf5 de67 4d1c 98c5 c343963a41b3 10a1ca2b d9d4 4dbb 94a8 83eaee0a8cc2 bdf819b8 05c8 4cc0 a156 3f9906a99516 2514708d cd08 48ac 9f64 c35ed465a2e0 cb845bb7 1116 4e19 994d 549524b3374f c24bface b60f 4056 9052 b5143b0f3aa3 39bdb411 21e3 4da0 bb24 10d15330ec15