Yesterday's Recap
-Moderate gains
- big picture remains mostly sideways before data today and even more important events on the horizon
The AM So Far...
- big picture remains mostly sideways before data today and even more important events on the horizon (deja vu?)
- MBS between unchanged and 2 ticks worse -- still in the range.
- Spreads tightened up this AM = bit difficult to rally unless tsy's cooperate
- tons of data to come (see bullet points in yesterday's close)
- If you floated overnight, you're safe so far!
- for MBS quotes updated every 30 min or less, don't forget:
Charts
6/29 EFFECTIVE FED FUNDS: -0.01 to 0.17 from 0.18
LIBOR FIXINGS
O/N LIBOR: +0.0138 to 0.2775 from 0.2637
1 MONTH: -0.0000 to 0.3088 from 0.3088
3 MONTH: -0.0019 to 0.5950 from 0.5969
6 MONTH: -0.0062 to 1.1113 from 1.1175
1 YEAR: +0.0088 to 1.6063 from 1.5975
MBS Market Alerts
