MBS RECAP: Bonds Take Breather After Volatile Friday

Home / Blog / MBS RECAP: Bonds Take Breather After Volatile Friday

Posted To: MBS Commentary

Perhaps traders were tired? Perhaps they are still on high alert but just haven't gotten to the week's more meaningful events yet? Either way, there was effectively no drama for bonds today. This is both good and bad. On a positive note, it was nice to come into the office today and NOT witness yields continuing to rise above the 2.95% ceiling (10yr) that came under pressure last week. On a negative note, it was disconcerting to see yields continue holding so close to that ceiling. In other words, it looks like bonds sold-off as much as they wanted to on Friday, and we're now waiting for the other shoe to drop . Said shoe could be some combination of Treasury/Corporate supply in the first half of the week or some combination of the ECB announcement and US inflation/Sales data at...(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...

d799f225 2b12 471d a287 878d8ae82120 99ab5e62 67ee 4e45 bf62 7936b04e096d a92344ed 344a 40ae 854a d94e44f926e0 11f8f920 4c0c 44be a564 2ec25b8114ea 7f253d9a 10cd 48f6 ab53 e70fb4792f39 0c98df9d e353 4e61 babf 5bc07ca0518a 7ab56fc5 ac8e 47bc ad1c f6ae1843043d 92fe039d 8a08 42c9 bf22 fc87f5095d59 89760af2 5f8f 489f 8fba 761b04251b19 6e4332b0 39e4 439f b0bf 282d68df1136 63dee14f 92a8 47e9 b79c 0752b5600768 65730989 89f9 4834 9dc9 4b6c72b39b60 4c97cd0e 3ec4 411b 9fef fa1b97f23adc aa6bb634 0144 4f1d 9629 8884e6fa7317 49813c2c 99f5 4eab 8111 550d1788739a 9cebd30f e5da 4d26 af3f 79803b3ba92e a808cdfb a370 435d ac2b 7461c28345a7 99062c8a 625d 420f ae91 4681ee2c4741 32c6a993 8004 4e6e 8df5 dddff1802ad7 6ad0d730 805f 471e 8ce1 80c4f3a70fa9 7ef2e17f 43d6 4795 89cd 0d219a56f357 325d260a fe6d 43fd 9cd6 75df1e4d1625 4dcd1b55 435e 447e 9129 8dc3f2852214