Posted To: MBS Commentary

The simple concept of timing is often underappreciated as a market mover. For instance, 820am and 3pm ET can often be sources of volatility simply because they are the opening and closing bells for Treasuries on any given day. The same can be true for end/beginning of a week/month/quarter/year. As such, the end of Q2 brought some risk, especially considering that both June and Q2 were good time frames for bonds. The following chart shows quarterly trends (red = bad, green = good, white = neutral). But the new month/quarter have started off uneventfully so far. If drama was guaranteed to accompany the calendar shift, we’d likely already know it by now. Either that, or traders are waiting for tomorrow’s jobs report or the passing of the upcoming 3-day weekend before going all-in on their…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Published On: July 1, 2021 / Categories: Mortgage News /

Subscribe To Receive The Latest News

Curabitur ac leo nunc. Vestibulum et mauris vel ante finibus maximus.

Thank you for your message. It has been sent.
There was an error trying to send your message. Please try again later.

Add notice about your Privacy Policy here.