This email was sent to you by:
Anonymous |
|
Mortgage News Daily
|
Message: YOUR MESSAGE HERE |
Email alerts, such as this one, are a
free service provided by Mortgage News Daily. If you would like to receive an alert when important news breaks please
register to join our community.
Register with Mortgage News Daily - Registration is free and offers many benefits.
Manage your Email Alerts - Once you're registered, you can manage all MND email alerts on one page, turning subscriptions on or off with one click.
About MND:
Mortgage News Daily combines the expertise of some of the housing industry's leading minds with the power of social media to offer an always lively, constantly evolving web community. MND communicates breaking news, streams video, and provides expert opinion and commentary to a community of interested market professionals and curious consumers.MBS AFTERNOON: Coasting To Uneventful Conclusion
- MBS 4.5's unchanged at 100-28
- 10yr Tsy at 3.703
- Stocks Rallying BIG into their close with S&P at 1150, same as last week's ceiling
Seems like the S&P rallying from 1143 to 1150 should be more important than it's actually turning out to be for bonds. Without looking at the stock market itself, you'd scarcely be able to infer that rally from any weakness in bonds. Indeed, treasuries and MBS yields have moved about as much as a fully depressed Toyota gas pedal.
[Image or graph removed from email. View full article with images]
The focus remains on FOMC tomorrow. This is probably part of the reason stocks can get away with a late day rally without affecting bonds too much, not to mention there's limited volume behind it.
More from MND:
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.
This email was sent to you by:
|
Mortgage News Daily
|
 |
Anonymous Anonymous |
|
Message:
YOUR MESSAGE HERE
MBS AFTERNOON: Coasting To Uneventful Conclusion
- MBS 4.5's unchanged at 100-28
- 10yr Tsy at 3.703
- Stocks Rallying BIG into their close with S&P at 1150, same as last week's ceiling
Seems like the S&P rallying from 1143 to 1150 should be more important than it's actually turning out to be for bonds. Without looking at the stock market itself, you'd scarcely be able to infer that rally from any weakness in bonds. Indeed, treasuries and MBS yields have moved about as much as a fully depressed Toyota gas pedal.
The focus remains on FOMC tomorrow. This is probably part of the reason stocks can get away with a late day rally without affecting bonds too much, not to mention there's limited volume behind it.
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.