Posted To: MBS CommentaryMBS Live : MBS Morning Market Summary Bond markets began the day just barely in the green after a disconcerting overnight session. Things were more tenuous in the earlier morning hours when 10yr yields rose as high as 2.06 before beginning to catch a few breaks from Euro-zone grumblings and weaker equities markets. Morning data was uneventful to say the least and tradeflows continue to dominate the price action with some big block trades in 10yr Treasury Futures earlier. Since the opening bell, equities have continued to help with S&Ps completely erasing all of Fridays gains. Treasuries and MBS cant say the same for their losses (as in they havent fully made it back to their better territory from Friday, but they HAVE, at least recovered a majority of the post-NFP losses. MBS Pricing...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
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