Thu, Jul 5 2012, 11:18 AM
MBS Live : MBS Morning Market Summary
MBS, like Treasuries, began the day in stronger territory, about 7 ticks higher than Tuesday's latest lev...
Thu, Jul 5 2012, 8:25 AM
After being closed for Independence Day yesterday, markets return to a packed schedule of economic data this morning including the week's first major ...
Thu, Jul 5 2012, 4:13 PM
MBS Live : MBS Afternoon Market Summary
In considering the "stormy morning" referenced in the title of today's recap, it's important to kee...
Tue, Jul 3 2012, 11:22 AM
MBS Live : MBS Morning Market Summary
The stock market is leading the charge higher for the "risk-on" trade. This normally puts some pressure on...
Tue, Jul 3 2012, 7:33 AM
The first day of the week and month served up a timely reminder about the importance of domestic economic data in what might otherwise seem to be a ma...
Tue, Jul 3 2012, 4:18 PM
MBS Live : MBS Afternoon Market Summary
Today was one of those trading sessions that had a more "incidental" feel to it, or perhaps it woul...
Mon, Jul 2 2012, 11:12 AM
MBS Live : MBS Morning Market Summary
The big story of the morning is the ugly ISM Manufacturing numbers. At 49.7, today's ISM Purchasing ...
Mon, Jul 2 2012, 8:11 AM
The week ahead is fairly straightforward in that there are no EU Summits, no major European elections, no Fed Policy decisions, and nothing else major...
Mon, Jul 2 2012, 4:21 PM
MBS Live : MBS Afternoon Market Summary
Although MBS and Treasuries began the day in slightly better territory, the bulk of the gains were ...
Fri, Jun 29 2012, 11:27 AM
MBS Live : MBS Morning Market Summary
Bond markets opened up moderately weaker and moved to what could be considered significantly weaker territo...
Fri, Jun 29 2012, 4:16 PM
MBS Live : MBS Afternoon Market Summary
After the June 20 th FOMC Announcement failed to coax bond markets out of their horizontal range...
Thu, Jun 28 2012, 11:16 AM
MBS Live : MBS Morning Market Summary
The title basically covers it... We've definitely seen an uptick in volume today, not necessarily in...
Thu, Jun 28 2012, 7:49 AM
Yesterday, we surmised that markets had bigger fish to fry than meager Pending Home Sales and Durable Goods reports or even the afternoon's 5yr Auctio...
Thu, Jun 28 2012, 4:10 PM
MBS Live : MBS Afternoon Market Summary
Bond markets made their move today... The trend of convergence and consolidation on bond markets that...
Wed, Jun 27 2012, 11:14 AM
MBS Live : MBS Morning Market Summary
Bond markets are every bit as reliable as the USPS slogan today in their determination to avoid rock...
Wed, Jun 27 2012, 8:00 AM
Bond markets moved modestly weaker yesterday, helped along mostly by a technical 'unwillingness' for benchmark 10yr Treasuries to venture under 1.60 o...
Wed, Jun 27 2012, 4:14 PM
MBS Live : MBS Afternoon Market Summary
Earlier this morning, bond markets were under fire as MBS and Treasuries were backed up to recently suppo...
Tue, Jun 26 2012, 11:13 AM
MBS Live : MBS Morning Market Summary
It was an on-again off-again morning for markets as a "risk-on" tone--at least to a small degree--coa...
Tue, Jun 26 2012, 7:02 AM
The first day of the week got off to an exceedingly uneventful start, albeit a positive one for bond markets. Summit-weary markets stashed cash rathe...
Tue, Jun 26 2012, 4:09 PM
MBS Live : MBS Afternoon Market Summary
On the standard issue 2-day charts, MBS and Treasuries look to have experienced a rather volatile d...
Mon, Jun 25 2012, 11:13 AM
MBS Live : MBS Morning Market Summary
It's been a tremendously uneventful morning so far following a tremendously uneventful overnight sess...
Mon, Jun 25 2012, 7:46 AM
Whereas last week was stone silent with the exception of big headline pops courtesy of the FOMC, the current week lacks any of those superstar perform...
Mon, Jun 25 2012, 4:14 PM
MBS Live : MBS Afternoon Market Summary
It took MBS a while to hit their highs of the day, but when they did-much like 10yr Treasuries--the...
Fri, Jun 22 2012, 11:21 AM
MBS Live : MBS Morning Market Summary
For what seems like the first time in a long time, Treasuries are the noticeable underperformer today in th...
Fri, Jun 22 2012, 8:21 AM
Markets spent the day bouncing back from post-FOMC trading levels to pre-FOMC trading levels yesterday, but encountered well-defined resistance to fur...
Fri, Jun 22 2012, 5:20 PM
MBS Live : MBS Afternoon Market Summary
Afternoon trading was similar to morning trading for Treasuries, combining for an entire session of gradu...
Thu, Jun 21 2012, 11:18 AM
MBS Live : MBS Morning Market Summary
Yesterday may have been disconcerting for some MBS market watchers in the sense that recently attained and ...
Thu, Jun 21 2012, 7:35 AM
Just like the last major policy communication from the Fed, yesterday's FOMC Announcement served not so much to "change the game" but instead to more ...
Thu, Jun 21 2012, 4:15 PM
MBS Live : MBS Afternoon Market Summary
Whether you want to chalk it up to the European markets dragging domestic markets down, vice vers...
Wed, Jun 20 2012, 11:22 AM
MBS Live : MBS Morning Market Summary
Although MBS have outperformed Treasuries, and Treasuries have outperformed German Bunds , the latter ha...
Wed, Jun 20 2012, 8:15 AM
Today is stone silent with the exception of the FOMC-related events, which are not only the most significant events of the week, but of the month as w...
Wed, Jun 20 2012, 4:21 PM
MBS Live : MBS Afternoon Market Summary
Although MBS initially looked set to take today's FOMC Announcement harder than treasuries, a more ...
Wed, Jun 20 2012, 2:16 PM
Just a few quick points of order and few charts to update the current situation. The alerts from MBS Live at 12:55pm and 1:12pm will be included in t...
Wed, Jun 20 2012, 1:02 PM
Information received since the Federal Open Market Committee met in March April suggests
that the economy has been expanding moderately. Labor ma...
Tue, Jun 19 2012, 11:32 AM
MBS L ive : MBS Morning Market Summary
Fannie 3.5's and 3.0's may not be quite into posit ive territory, but they're certainly perfor...
Tue, Jun 19 2012, 8:02 AM
In case anyone or anything needed to reemphasize the extent to which Wednesday's FOMC events dominate this week, take yesterday's trading for example....
Tue, Jun 19 2012, 4:20 PM
MBS Live : MBS Afternoon Market Summary
After having to cope with getting pushed gradually wider in yield vs Treasuries, MBS had a chance t...
Mon, Jun 18 2012, 11:22 AM
MBS Live : MBS Morning Market Summary
As can be noted in the live updates below, bo nd markets have been working out their response to th...
Mon, Jun 18 2012, 8:06 AM
Greek elections over the weekend yielded the less dramatic result of a victory for pro-bailout conservatives. This is ostensibly a good thing for the...
Mon, Jun 18 2012, 4:09 PM
MBS Live : MBS Afternoon Market Summary
With the exception of a few outlying trades, MBS traded an insanely narrow range today (between 105-0...
Fri, Jun 15 2012, 11:37 AM
MBS Live : MBS Morning Market Summary
A similar theme is playing out this morning where we find 10yr TSYs digging into the 1.5's and MBS havin...
Fri, Jun 15 2012, 8:33 AM
A few weeks back, we very reluctantly capitulated to conformity and used the term "Grexit" one time (potential Greece Euro-zone exit). It felt wrong....
Fri, Jun 15 2012, 5:18 PM
MBS Live : MBS Afternoon Market Summary
The most recent alert at 1:32pm effectively serves as the recap. So this is more of a recap of the...
Thu, Jun 14 2012, 11:15 AM
MBS Live : MBS Morning Market Summary
The morning's data was mostly ignored, save for the short-lived initial bond market rally. Everythin...
Thu, Jun 14 2012, 4:18 PM
MBS Live : MBS Afternoon Market Summary
Not too much to say about what's going on here... In the longer term, trading ranges have been con...
Thu, Jun 14 2012, 2:50 PM
Benchmark TSYs and rate sheet influential TBAs are continuing their consolidative
ways today.
I describe this behavior as the market " stori...
Wed, Jun 13 2012, 11:55 AM
MBS Live : MBS Morning Market Summary
Bond markets walked in the door in moderately weaker territory today, but firmed up following weaker...
Wed, Jun 13 2012, 8:26 AM
After the first two days of the week offered very little by way of data and events--a mostly uneventful 3yr Note Auction and a similarly unimportant I...
Wed, Jun 13 2012, 4:13 PM
MBS Live : MBS Afternoon Market Summary
Today was really Treasuries' time to shine. Even in the overnight session, 10's were doing much b...
Tue, Jun 12 2012, 11:24 AM
MBS Live : MBS Morning Market Summary
Bad, Worse, Worst... That's how we'd characterize today's price action in MBS, Treasuries, and German Bu...
MBS Market Alerts
