|This email was sent to you by:|
Tonya W. Kenon |
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
Slow, Steady, and Positive; MBS Holding Gains Into Close
Posted to: Micro News
Monday, September 09, 2013 4:10 PM
There's very little to observe and even less to conclude about the day of MBS trading so far. Fannie 4.0s have held within 2 ticks of 102-24 since 9:30am, and haven't so much as blinked during that time. 10's have maintained a slightly negative bias (moving higher in yield), but have done so in narrow range as well--just not as narrow or stable as MBS.
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.