MBS RECAP: Not a Win, But At Least It's Not a Loss

Home / Blog / MBS RECAP: Not a Win, But At Least It's Not a Loss

Posted To: MBS Commentary

After a series of demoralizing losses, it feels like some small victory for bonds to simply remain sideways today. That wasn't necessarily a given early this morning. In fact, yields hit new intraday highs for the week--the highest levels since May. Move down the curve just a bit and 5yr yields are at the highest levels since 2008--just another victim of the relentless move toward higher short-term rates. All that to say that the biggest risks to the long-term rate outlook have yet to subside. Rather, today simply suggests we may finally be leveling off before making the next big decision--something that seems likely to follow next week's Fed Announcement and updated rate hike outlook. As for specific market movers today, attempting to pin the tail on any particular donkey is a fool's...(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...

bf6f5c8e a3c3 48e0 949f 733b627e8dae effa2b17 8a31 4f58 9f6b fb933b4159fb 571daa9e 1645 4eca 80a0 69db185b702a 7e188756 18dc 49ab 8cf2 1b3105adbd75 3cfdc632 5b0f 4a54 8432 b9164fa451d0 a140f065 4393 46c8 b659 fe536fa69f6a 5c076b85 c1d3 4528 ad52 bab8687983cd 145e2636 440b 429e af49 cc9166de11c8 04efd313 95ee 4d96 8e31 45538583272c f219c131 5ad3 4e60 92f7 43c258ce3b00 29c82b3c 2132 459d 8cfb 0ff7bb441bb9 5df9ec59 7c78 47b9 9de9 69416b42cbb7 fa2fb639 4b93 469c ab5c 8118b7afd711 7a3c2e96 ce6f 46cf a6a0 8b0d19222c2d 191bea10 c37f 46f6 bfb7 97b973a775f3 1a433b91 3627 4ea1 a411 15315add5adb d0ef5722 ec5d 4797 b714 97493ab26495 36495360 a6aa 4a3d 9235 6cbf8525d3c1 209eafe7 a671 465a bab4 470a02802ee7 8905e5dc c48e 440b adc1 cd7c5cbd4e1e 4988636b 2820 4470 8fdd a62303283630 117d37b4 4012 4842 b0a1 f7a99d46ff15 4beca90d 8df5 439b 808c 4993a0e292a9