MBS Day Ahead: Fighting to Stay in New, Lower Rate Range

mbs day ahead fighting to stay in new lower rate range

Sumary of MBS Day Ahead: Fighting to Stay in New, Lower Rate Range:

  • Combined with weaker Jobless Claims data, it’s been enough to keep bonds inside this week’s new, lower yield range marked by a ceiling of roughly 1.30% (we have it marked at 1.295, or 1.29+ for short).
  • We’re close enough that it wouldn’t take much of a negative impulse for that ceiling to be challenged, but more dramatic movement may be reserved for the next two weeks which will bring a Fed announcement and the hefty data cycle culminating in NFP Friday on August 6th.

Want to know more click here go to source.

From -

Generic selectors
Exact matches only
Search in title
Search in content

Site Language

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.