Mortgage Backed Securities (MBS) OverviewMBS opened with positive momentum as traders bid up MBS from the 200-day moving average. This is very common as the 200-day moving average is the…
What happened last week?Mortgage backed securities (MBS) lost -33 basis points (BPS) from last Friday's close, which caused 30-year fixed mortgage rates to increase and wiped out the prior week's…
What's on the agenda for this week?Mortgage backed Securities (MBS) sold off immediately as traders took the money that they parked into bonds over the long weekend out and back…
Mortgage backed securities (MBS) continue to receive fantastic international demand which will give us great support and probably some very small gains over Friday's close. On a weekly basis, we…
What happened last week?Mortgage backed securities (MBS) gained +62 basis points (BPS) from last Friday's close which caused 30 year fixed mortgage rates to move lower and hit their best…
What's on the agenda for today?Weak European data will contribute to keeping MBS trading in a very nice range. However, any real rally is not in the cards as there…
Mortgage Backed Securities (MBS) OverviewThere were no major economic releases or Treasury auctions for the market to react to. MBS were up as much as +25BPS at 11:51EST and then…
What's on the agenda for this week?Mortgage Backed Securities (MBS) OverviewThe biggest domestic economic report will be Friday's Durable Goods Orders which is expected to climb back into positive territory.We…
What's on the agenda for this week?Intra-Day Lock Status: Neutral. The global fear-factor-premium is very much in play today and providing great support for pricing. But...you need new...new...new..something new...an escalation…
What's on the agenda for this week?Intra-Day Lock Status: Today is a real "yawner" with no major economic data until Tuesday. Bond Traders are actually not back into full force…