Monday's theme for the bond market was one of moderate resilience--at least for the longer-end of the yield curve. Yields are lower across the board (less so for shorter-term notes like the 2yr) without any headline or data-based motivations. On days like this, motivation is assumed to come from technicals and trading taking place in other markets for other reasons. With earnings season in full swing, it's no surprise to see 9:30am and 4pm garner most of the days volume and volatility.f
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- Leading Indicators
- -0.3 vs -0.2 f'cast, 0.0 prev
- Leading Indicators
stronger overnight and holding gains so far. MBS up 6 ticks (.19) and 10yr down 6.3bps at 4.357
still sideways at stronger levels. MBS up 6 ticks (.19) and 10yur down 5.7bps at 4.363
Off the best levels but still stronger on the day. MBS up an eighth and 10yr down 5.1bps at 4.369
MBS Market Alerts
