Local Professionals

(Change Your Location)

Kent Mikkola

M & M Mortgage, LLC

www.themmmortgage.com

Summit Mortgage Corporation

http://www.justinlemal.com

Add Your Listing Here!

Target 25,000 Unique Visitors Per Day with New Local Ads!

Browse The Directory

Recent Video

Jobs Bill on the Way?

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 (26.6%)
Only a modest upturn in production (43.9%)
Nope. 2009 demand stole from 2010 demand (29.5%)

Total Votes: 139
Discuss This Poll

Join to Vote

Federal Reserve MBS Purchase Program

View Details

Posts | Comments

» MBS Commentary Home

MBS ALERT: Rally After Data. Cautious Of Profit Takers

by Adam Quinones

Posted

Email Page (New!) |

Print |

Bookmark

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
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.

Comments

Join Now or Login to Post Comments

Michael Cromwell | Contact or Connect with this Member

Are we going to see some "bang-bang-bang" charts?

Debbie Barksdale | Contact or Connect with this Member

I was just thinking the same thing Michael!

Adam Quinones | Contact or Connect with this Member

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

AQ, what do you think about the Treasury's third quarter #?

Rex Whetstone | Contact or Connect with this Member

Just got a second reprice for the better!!!

Jeff Coon | Contact or Connect with this Member

GETING REPRICE BETTER NOW

Casey Brischle | Contact or Connect with this Member

PHH Reprice for better. Back to Monday levels.

Dan Rosenfeld | Contact or Connect with this Member

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?

Site Tools