Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
# of Questions Answered

Send Article via Email

Can forward to 6 email addresses at a time. Register or Login

Registered users also get the additional advantage of Co-branded Emails and Landing Pages. Learn more about these features.

Your Name: 
Your Email: 
I want to forward this to
(Enter Email Address Below) :
Include a Personal Message (optional)

Please add 7 and 1 and type the answer here:
Leave this field blank.
Email Preview Below:
This feature is now 100% free. Learn More About Co-branded Email and our other Co-branded Services.
This email was sent to you by:
Anonymous |
Mortgage News Daily

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.
Bond Markets Hold Moderate Gains After Overnight Scare
Posted to: Micro News
Friday, January 18, 2013 9:54 AM

Forward this email:  Send a copy of this story to someone you know that may want to read it.

On the heels of stronger-than-expected GDP in China and growing speculation about the Bank of Japan's potentially aggressive shift at next week's policy meeting (removing 0.1% rate floor and embarking on open-ended QE), risk markets (equities, Yen, Euro, bond yields) moved higher throughout the Asian hours. This let to 10yr yields to a break of yesterday's highs just before 3am at 1.896.

Europe, however, took things back in the other direction. German Bunds fell from 1.64 to 1.56 in a few short hours and US Treasuries followed a lower magnitude version of the same movement, bringing 10's in the door just under 1.86 and MBS 5 ticks higher at 104-03. These are the same levels that prevail at the moment, as we wait for Consumer Sentiment as the sole economic data of the morning.

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.

Forward this email:  Send a copy of this story to someone you know that may want to read it.


More From MND

Mortgage Rates:
  • 30 Yr FRM 3.67%
  • |
  • 15 Yr FRM 2.95%
  • |
  • Jumbo 30 Year Fixed 3.62%
MBS Prices:
Recent Housing Data:
  • Mortgage Apps 10.03%
  • |
  • Refinance Index 11.33%
  • |
  • Purchase Index 8.43%