Posted To: MBS Commentary

1.573% on a 10yr US Treasury Note?! While this still isn’t the place a yield-seeking investor would park their money (inflation-adjusted returns at a balmy -0.90%), it is the highest we’ve been since June–perhaps high enough to bring in some buyers based on technicals and momentum. In other words, perhaps we’ve finally seen enough selling this week to get buyers to acknowledge that there’s still a ceiling to the short term range (even if is just a hair higher than it was in late September). The day is young and anything can happen, but at the very least, it was encouraging to see the day begin with bonds shrugging off the stronger-than-expected ADP employment data. bonus charts (nothing important to discuss here, but potentially interesting to some): MBS Pricing Snapshot Pricing…(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: October 6, 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.