|This email was sent to you by:|
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
Knee Jerks Starting to Even Out; MBS in Positive Territory
Posted to: Micro News
Wednesday, June 18, 2014 2:16 PM
As liquidity returns to MBS screens, they've fallen more in line with the Treasury market's post-FOMC trade. 10yr yields are down to 2.628, a bit better than the morning range and MBS are behaving similarly, now up 7 ticks at 101-30 in Fannie 3.5s. This is not negative reprice territory. Knee jerks grow increasingly less likely from here, but become a risk again during Yellen's press conference.
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.