RECAP

MBS RECAP: Huge Jobs Report, Logical Weakness, and a Nice Bounce, But…

Posted To: MBS Commentary Huge Jobs Report, Logical Weakness, and a Nice Bounce, But… Bonds did quite well today considering Powell's endorsement of higher rates (yesterday) combined with this morning's significantly stronger jobs report. Most of the push back was seen in MBS, however, and even then, closing levels are only really worthy of enthusiasm […]

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MBS RECAP: Snowball Selling in Bonds After Mid-Week Rally Fizzles

Posted To: MBS Commentary Snowball Selling in Bonds After Mid-Week Rally Fizzles We were looking for a friendly correction in bonds this week and it arrived on Tuesday and Wednesday. Those sorts of corrections run the risk of being 2-day affairs and that is unfortunately shaping up to be the case this time around (a […]

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MBS RECAP: Bonds Break Key Levels After Fed

Posted To: MBS Commentary Bonds Break Key Levels After Fed Both MBS and Treasuries were right on the edge of their recent ranges heading into Fed day. MBS broke their range right out of the gate while Treasuries waited until the Fed was done before their breakout. If this positive momentum retreats tomorrow, it will […]

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