MBS RECAP: Uneventful Conclusion to a Crazy Week

Home / Blog / MBS RECAP: Uneventful Conclusion to a Crazy Week

Posted To: MBS Commentary

Referring to the week of bond trading as " crazy " is a bit of a stretch. If we bring stocks into the mix, or if we go back to last Wednesday, it's been a crazy 7 business days (bonds were closed on Monday). As you're well aware, stocks were in the spotlight this week and bonds couldn't have looked much less eager to cheer them on. Granted, bonds did what they were supposed to do--eventually--by rallying in response to a gigantic stock sell-off. But the net effect is that 10yr yields can only say they ALMOST recovered HALF of the ground lost last week. The very lowest yields seen today would have been the highest in 7 years on any other week. But enough of that depressing stuff! We all know this is a rising rate environment. And we also know traders are aware of that fact...(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...

61e09554 5778 49f5 bc46 cdc166854431 40753a6e e4ea 4073 b235 7e1b308439d6 a83bc517 24be 4b94 8d05 1eee59c5195a 999c001a 065e 4216 a53e 9a492da080a0 6fbdccce dff8 4b9c 8b84 3c70b19ea530 bff6749e 2bfe 4b1c adcc 67b740f5147e 73a9c31b 3029 47db a113 ac6dc67c3c1b 0b3329a1 e7fc 4a74 926f 9d4f7df6c8fb 7aaa3c08 12b9 44bd b737 37f5d6f3a9a4 1efad407 82c1 49b4 9756 32673892cb11 4bd36c1c fb8e 4fc0 8167 b26f3a306c32 a0da00b0 cd04 432e 95e2 08d3a0f92473 6bec6175 8a21 4f7b 8463 38225d02d0dc 68e4872d d4b4 41c3 b998 5a32e8b5a1b2 09107d72 ba8f 4246 8ba0 a02eb794ded2 b88b7c83 9770 4513 ad57 892c8cb7d253 45c03886 3b3c 4820 8f46 8bfe7d1b664d 8026ee6a 7fe8 4a5c aed3 18909e2c1d02 7c04d337 4f5f 4210 8ae7 393d0bc91ca1 282a7466 cc1a 4742 ade4 0d5b58b56cb4 007c9c11 eef0 4122 b8bb 934b86e9c96d bcb71f23 c4a6 4534 aa82 6c6f6c990ed5 01604b3a 888f 46f3 ba2f 36e56e563f48