Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
2,000,000
# of Visitors Per Month
Micro News Archives
Use the calendar to view Micro News posts from a specific date.
Today  |  Yesterday  |  Random
Bottom Right Default
State Name: New Jersey
State Name underscore: New_Jersey
State Name dash: New-Jersey
State Name lower underscore: new_jersey
State Name lower dash: new-jersey
State Name lower: new jersey
State Abbreviation: NJ
State Abbreviation Lower: nj
You are viewing Micro News from Tuesday, Feb 4, 2014 - View all recent Micro News
  • 2/4/14
    Bouncing Back as Stocks Level Off; MBS Outperform

    Although MBS did move just slightly weaker after the last alert, they found their footing shortly thereafter and are now just 1 tick off 9:30am levels (both in 4.0s and 3.5s).  This greatly reduces any negative reprice risk that had been building. 

    The move came courtesy of a leveling-off in equities markets as well as some supportive bounces in Treasuries.  In fact, while stocks inched to new highs of the day, Treasuries followed the move, but made a slightly lower high.  This is a sign of organic resilience/support in bond markets that have otherwise been following stocks faithfully. 

    Category: MBS, UPDATE
    Share:   
  • 2/4/14
    As equities have gradually chopped toward better levels...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS, alert
    Share:   
  • 2/4/14
    Bond Markets Slightly Weaker as Stocks Rally

    MBS and Treasuries have given back a portion of yesterday's gains, but are holding their ground so far in the domestic session.  The weakness was a product of the overnight session where S&P futures began pushing back against yesterday's massive drop.

    10yr yields rose roughly 3bps by the open and have held steady since then.  Fannie 4.0s opened 7 ticks weaker, but are now only 5 ticks weaker at 104-31.

    Comments from Fed's Lacker at 8:30am had no impact and the other calendar events this morning are not major market movers.  The best recent bet has been to assume correlation between bond yields and stock prices.  As such, any big moves in equities would likely be the most potent source of inspiration for bond markets.

    Category: MBS, UPDATE
    Share:   
 
No Micro News Posts Here.

Options:
 
MBS Micro News updates are a service provided to MBSonMND subscribers only.
Learn More | Start a Free Trial | Open the Dashboard
  • 2/4/14

    Although MBS did move just slightly weaker after the last alert, they found their footing shortly thereafter and are now just 1 tick off 9:30am levels (both in 4.0s and 3.5s).  This greatly reduces any negative reprice risk that had been building. 

    The move came courtesy of a leveling-off in equities markets as well as some supportive bounces in Treasuries.  In fact, while stocks inched to new highs of the day, Treasuries followed the move, but made a slightly lower high.  This is a sign of organic resilience/support in bond markets that have otherwise been following stocks faithfully. 

    Category: MBS, UPDATE
    Share:   
  • 2/4/14
    As equities have gradually chopped toward better levels...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS, alert
    Share:   
  • 2/4/14

    MBS and Treasuries have given back a portion of yesterday's gains, but are holding their ground so far in the domestic session.  The weakness was a product of the overnight session where S&P futures began pushing back against yesterday's massive drop.

    10yr yields rose roughly 3bps by the open and have held steady since then.  Fannie 4.0s opened 7 ticks weaker, but are now only 5 ticks weaker at 104-31.

    Comments from Fed's Lacker at 8:30am had no impact and the other calendar events this morning are not major market movers.  The best recent bet has been to assume correlation between bond yields and stock prices.  As such, any big moves in equities would likely be the most potent source of inspiration for bond markets.

    Category: MBS, UPDATE
    Share:   
 
No Micro News Posts Here.

Options:
 
 
No Micro News Posts Here.

Options:
 
 
No Micro News Posts Here.

Options:
 
Did you know?
You can see a list of all comments on MND by clicking the 'Read the Latest Comments' option under the 'Community' menu.
 

More From MND

Mortgage Rates:
  • 30 Yr FRM 4.24%
  • |
  • 15 Yr FRM 3.39%
  • |
  • Jumbo 30 Year Fixed 4.09%
MBS Prices:
  • 30YR FNMA 4.5 107-16 (0-03)
  • |
  • 30YR FNMA 5.0 109-32 (0-02)
  • |
  • 30YR FNMA 5.5 111-06 (0-00)
Recent Housing Data:
  • Mortgage Apps -7.23%
  • |
  • Refinance Index -10.65%
  • |
  • FHFA Home Price Index 0.67%