Posted To: MBS Commentary

Quiet Summertime Monday Leaves Bonds Slightly Stronger Treasuries have experienced more of the volatility in the bond market than MBS recently. That makes sense given last week’s auction cycle and the ongoing glut of corporate bond issuance. Volume and volatility were both minimal today as yields casually bumped the bottom of the consolidation range and coasted sideways for the rest of the day. There are a few chances to see some data-inspired market movement this week, but the “consolidation ahead of next week’s Fed Announcement” seems to be the default game plan. Econ Data / Events Fed MBS Buying 10am, 1130am, 1pm Market Movement Recap 09:11 AM Sideways to modestly stronger overnight in bonds, with a decent recovery in stocks. 10yr yield down 1bp at 1.333% and 2.0 UMBS up…(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: September 13, 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.