Posted To: MBS Commentary

No Reaction to Fed Minutes (Or Anything Else For That Matter) It’s been a light week in terms of scheduled data and events with the power to motivate bond market volatility. Today wasn’t much of an exception although one must always give a wider berth to any official communication from the Fed. In today’s case, the Minutes from the most recent meeting (3 weeks ago) were 100% as-expected. Bonds logically ignored the Fed and continued trading in the new, sideways range–a hopeful, short term development that we’d like to see turn into a longer-term development. 1.62/63% continue offering resistance to bigger rallies in terms of 10yr yields. Econ Data / Events Fed MBS Buying 10am, 1130am, 1pm Market Movement Recap 08:30 AM Fairly quiet overnight: flat in Asia, stronger in Europe…(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: April 7, 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.