The three areas that have the greatest ability to impact backend pricing this week are: (1) Inflation Nation, (2) The Talking Fed and (3) Central Bank Palooza.
The three areas that have the greatest ability to impact mortgage backed securities pricing this week are: (1) The Talking Fed, (2) Geo-Political and (3) Domestic Flavor.
The biggest data point this week will be Friday's jobs report. Many jobs reports have come and gone since the start of the pandemic only to have laughably small impacts…