Learn. Share. Connect. (52,359 Members)  - Join
 

Site Tools

Join Now or Sign In
for Full Access to All Features

Local Professionals
(Change Your Location)

Add Your Listing Here!
Target 25,000 Unique Visitors Per Day with New Local Ads!
Browse The Directory

Recent Video

View more

Recent Polls

Do you expect the home buyer tax credit extension to contribute to a noticeable pick up in loan production?

Created By: Adam Quinones
  • Yes, I anticipate an increase in activity (26.4%)
  • Only a modest upturn in production (45.1%)
  • Nope. 2009 demand stole from 2010 demand (28.5%)

Federal Reserve MBS Purchase Program





View Details

Friday 11/21 Morning Update
by Victor Burek
Posted
 Email Page (New!)   |     Print   |     Bookmark

Currently the 5.5 is at 100-13 which is unchanged from going out levels yesterday. 

We are seeing a value bid at the start of trading.  Currently 5 year US treasuries are down 17 ticks, and 10 yr treasury down 32 ticks after the biggest buy up in history for the treasury market.  This has caused spreads to widen to all time highs which is creating tons of tightening on the heels of that value creation yesterday.

 

No economic data today and with a shortened trading week next week due to Thanksgiving we will see a lot of volatility.  We will get back to you after the day gets going.  Stay tuned!!

Data provided by Thomson Reuters
Secondary Marketing Managers and Capital Markets Desks, if you are interested in subscribing to the same fixed income and mortgage market data we use:CLICK HERE.
    Rate this Post  

More from MND

Comments

Join Now or Login to Post Comments

Home - About - Contact - Sitemap - Disclaimer - Privacy Statement - Advertising - RSS - Link To This Page

All Content Copyright © 2003 - 2009 Brown House Media, Inc. All Rights Reserved.
Reproduction in whole or in part in any form without the express written permission of MortgageNewsDaily.com is prohibited.