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Will the Federal Reserve Exit from the Agency MBS Market as Planned?

Created By: Adam Quinones
  • Yes (59.3%)
  • No. They Will Extend Again (40.7%)

Federal Reserve MBS Purchase Program





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MBS ALERT: Rally After Data. Cautious Of Profit Takers
by Adam Quinones
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Profit takers are out in stock markets this morning...granting fixed income traders an opportunity to push TSY and rate sheet influential MBS prices higher. The Federal Reserve will be conducting coupon purchases in 1min...although we see a rally in fixed income at the moment....STAY ALERT  OF SELLING INTO STRENGTH.

The day trading range we discussed on Monday is moderating but we are still WAITING FOR CONFIRMATION OF SELLING IN STOCKS before getting excited about the rest of the day


Data provided by Thomson Reuters
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Michael Cromwell  |  Contact or Connect with this Member
on
Are we going to see some "bang-bang-bang" charts?
Debbie Barksdale  |  Contact or Connect with this Member
on
I was just thinking the same thing Michael!
Adam Quinones  |  Contact or Connect with this Member
on
hahaha :-D...blog in works. looks like market is setting up for NFP on Friday. 10 yr returned to status quo at 3.65....FN 45 +0-00 in price. Market stabilizing a bit...
Andy Pada  |  Contact or Connect with this Member
on
AQ, what do you think about the Treasury's third quarter #?
Rex Whetstone  |  Contact or Connect with this Member
on
Just got a second reprice for the better!!!
Jeff Coon  |  Contact or Connect with this Member
on
GETING REPRICE BETTER NOW
Casey Brischle  |  Contact or Connect with this Member
on
PHH Reprice for better. Back to Monday levels.
Dan Rosenfeld  |  Contact or Connect with this Member
on
Hey AQ, thanks for the update. With the announcement of the $75 billion in dept next week what do you think the chances are that the administration has already received a commitment from the Chinese to buy that dept in meetings last week?
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