MBS RECAP: Calmest Day We've Had in a While

Home / Blog / MBS RECAP: Calmest Day We've Had in a While

Posted To: MBS Commentary

From a volume standpoint, today was only a bit more than half as big as the highest recent days. And you'd have to go back to April to find anything lower--at least as far as the bond market is concerned. The same goes for the trading range, with an exceptionally narrow 2.394-2.428% in 10yr yields. Treasuries ultimately lost ground despite starting out very close to unchanged. Blame a general absence of any fresh trade war drama. There were even a few conciliatory headlines on both sides of the Pacific (nothing ground-breaking, but better than the contentiousness seen over the past week and a half). MBS managed to escape without losing ground simply due to their recently pronounced tendency to perform a smaller version of the moves seen from Treasuries. In other words, Treasuries reversed...(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...

fad191b3 d6c3 4331 a805 91a2b2d82cfc 1215298a b5d0 48d9 a516 d33b1d3969ef a1de23d8 ba9b 42dc 8dae 2c6dbbbceea8 efe25adc 3012 4f86 b3e0 7e802e0479ec aecadb58 e94e 4829 b43f b4bcd88cf438 4d2c000a ea7a 42db bea7 71088784ec00 ea4ebf23 a8b5 4fb1 9204 8c69ce256e7e 52725533 7489 4764 8459 e0c96c5cf6d4 36204552 a737 45a7 ab9a 64d476b5f303 8d1d33d6 7328 417a 9874 bfd33214f9b5 2e9a904e 6c00 4a0a b646 cf1c087823b3 0831cc08 91bc 43db beb0 874bb3b6e353 ceefaf2d 767c 4b8d 8f65 29c1733d300f f43f8b6b 1ba4 40f2 b883 03f2847ecd9e 7dff3e19 33ad 4b95 8be5 708b66169183 b94265c7 0b0f 4278 86af 05ad824ed196 a80c92b8 4013 4456 9b94 f981419bb285 206e253b a973 4f3e 9d72 951549b00123 5b62f2cf 02a3 49bc a7ae de49c1ae89fc 349e2f84 67a0 465f ac04 6d1c2f40b6af 149787e4 d34e 40f7 8a9f 0bad426ca240 ef32fcba caaf 4ff2 82f8 9791095dd094 fc76b60e bdaf 41e9 a8a8 98a6d941db82