Bullet Points
- 2's/10's, steeper, 260bps
- Late stock strength pushing bonds lower.
- MBS and treasuries book close at 3pm hangs on to technical levels, but after hours getting ugly
- High volume across the board, with 975's 10yr contracts traded.
- S&P breaks ceiling on SEVERAL technical resistance levels
2s vs. 5s: 150bps
2s vs. 10s: 260bps
5s vs. 10s: 110bps
Crude: 61.82
MBS Market Alerts
