Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
# of User Comments
Fed Minutes Today at 2pm EST
Follow the markets live as the Fed Minutes are released at 2pm EST today.
Thomson Reuters MBS Aggregations
Gain access to a powerful search engine and most accurate and timely mortgage industry originator and servicer rankings.
MBS Basics:   Part 1  |  Part 2  |  Part 3  |  Part 4  |  The Gut Flop
It's Fed Day. Are you ready?
If you've been following the MBS Commentary, you know what a big deal this afternoon could be. Markets have been preparing for it for weeks and MBS Live members have been on top of those movements every step of the way.
This afternoon, when markets are convulsing mere milliseconds after the Fed Announcement, MBS Live members will know what's going on before anyone else. The accuracy and speed of our real-time price stream and alerts is unmatched.
Here's a purchase code to take the free trial for 4 weeks with no credit card required.

  •  Email    Link Here
  • Widgets

MBS RECAP: Closer Look at Stocks vs Rates
Jul 8 2020, 4:07PM

Despite some modest weakness to begin the day, bonds remain smack dab in the center of their recent range.  We've officially begun the waiting game.  

Econ Data / Events
Market Movement Recap
08:06 AM

Bond yields and stock prices were inconsequentially higher overnight and remained very flat throughout Asian and European sessions.  MBS starting the day 2 ticks (.06) weaker. 10yr yields up 1.3bps at .653.

10:15 AM

Weakness accelerated into the 10am hour, roughly following a stock surge.  Bonds seem to be finding support for now though.  10yr yields up 2.3bps at .663 and UMBS 2.0 down an eighth on the day.

01:12 PM

Solid defensive stand continues for the bond market after strong 10yr auction.  MBS at highs of day, up just a hair.  10yr yields near lows of day, but still a bit weaker vs yesterday.

MBS Pricing Snapshot
Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is available via MBS Live.
UMBS 2.0
102-26 : +0-01
10 YR
0.6560 : +0.0080
Pricing as of 7/8/20 4:05PMEST

Today's Reprice Alerts and Updates
A recap of Alerts and Updates provided to MBS Live subscribers.
1:05PM  :  Bonds Solidify Gains After Strong 10yr Auction
10:06AM  :  ALERT ISSUED: Bonds Under Pressure; Reprice Risk Considerations

About the Author

Chief Operating Officer, Mortgage News Daily / MBS Live
A former originator, Matthew began writing for Mortgage News Daily in 2007, covering a wide range of topics. Seeing a need in the marketplace, his focus increasingly shifted toward relating MBS and broader financial markets for loan originators. ... more

Other Contributors

Discuss the MBS and Mortgage Markets on Our Streaming Dashboard
Discuss MBS and Mortgage Markets with Hundreds of Loan Officers on the MBS Live Streaming Dashboard.
  »Start a Two Week Risk Free Trial


More From MND

Mortgage Rates:
  • 30 Yr FRM 3.03%
  • |
  • 15 Yr FRM 2.48%
  • |
  • Jumbo 30 Year Fixed 3.10%
MBS Prices:
  • 30YR FNMA 4.5 108-07 (0-01)
  • |
  • 30YR FNMA 5.0 109-24 (-0-01)
  • |
  • 30YR FNMA 5.5 111-13 (0-00)
Recent Housing Data:
  • Mortgage Apps 2.79%
  • |
  • Refinance Index 3.16%
  • |
  • Purchase Index 1.82%