Mon, Mar 7 2011, 10:47 AM
Oil prices are up. Stock indexes are up. Treasury yields are up. MBS prices are not...
OVERNIGHT NEWS...
Fed Unlikely to Remove Its Economic...
Mon, Mar 7 2011, 9:25 AM
The economic data calendar thins out a bit but market watchers still
have plenty of news and events to absorb in the days ahead. MND expects
inves...
Mon, Mar 7 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-30 : -0-10
...
Mon, Mar 7 2011, 2:06 PM
A comment from the MBSonMND Dashboard :
(3/7/11 -- 1:17pm): FNCL 4.5's aren't merely holding near some of the highest prices in a
month--102-...
Fri, Mar 4 2011, 10:01 AM
Plain and Simple: When viewed on the spot, this was a strong
monthly jobs report. The headline NFP print was close to consensus. The
unemploymen...
Fri, Mar 4 2011, 8:17 AM
Interest rates moved mostly sideways in light overnight trading
volumes. The same thing goes for stocks, totally sideways in a quiet
marketplace....
Fri, Mar 4 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-09 : +0-22
...
Fri, Mar 4 2011, 2:17 PM
After some harrying high volatility moments in the immediate wake of
the Employment Situation Report, benchmark 10's have dug in at their
best lev...
Fri, Mar 4 2011, 2:16 PM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-03 : +0-16
...
Thu, Mar 3 2011, 12:37 PM
Where to begin where to begin.... The obvious observation is
interest rates are higher today. The directional move began yesterday
after the Bei...
Thu, Mar 3 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-22 : -0-12
...
Thu, Mar 3 2011, 8:29 AM
Interest rates have yet to recover from the
sell-off that played out following the release of the Fed's Beige Book
yesterday afternoon. Stocks on ...
Thu, Mar 3 2011, 5:41 PM
The bond market has effectively been rallying since the 10th of
February. There are two ways to look at that rally, as either
CORRECTIVELY BEARISH...
Thu, Mar 3 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-18 : -0-17
...
Thu, Mar 3 2011, 4:10 PM
"Inflation is always and everywhere a monetary phenomenon" - Milton Friedman Milton
Friedman's statement theorizes that the source of all inflatio...
Thu, Mar 3 2011, 2:10 PM
On days like today directional debates run rampant over "what's
happening" and "what's going to happen" in the bond market. AQ saved me quite a
b...
Wed, Mar 2 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-13 : -0-04
...
Wed, Mar 2 2011, 8:12 AM
Production MBS coupons and benchmark Treasuries benefited from a
continued flight to safety yesterday. Sparked by short covering in the
interest r...
Wed, Mar 2 2011, 4:20 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, Mar 2 2011, 3:19 PM
Following the 2pm release of the Fed's Beige Book, bonds are weaker
and stocks are near their highs of the day, which really isn't all that
high. ...
Tue, Mar 1 2011, 12:59 PM
From yesterday's 5pm going out marks at 101-29, FNCL 4.5's fell as low as 101-18
this morning. But after two decent showings of support, theyv'e gai...
Tue, Mar 1 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-07 : -0-09
...
Tue, Mar 1 2011, 8:22 AM
Stocks rallied around the globe in overnight trading and interest rates suffered in the process.
The
NIKKEI closed 1.22% higher. The Shanghai C...
Tue, Mar 1 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-19 : +0-04
...
Mon, Feb 28 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-16 : +0-01
...
Mon, Feb 28 2011, 8:24 AM
It's a busy week in terms of new economic data and events. Fed Chairman
Bernanke will share his semi-annual update on the status of the economy
an...
Mon, Feb 28 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-15 : -0-01
...
Fri, Feb 25 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-14 : +0-09
...
Fri, Feb 25 2011, 8:31 AM
We'll get a better idea today about whether or not the recent bond
market rally has been totally a factor of a flight to safety or if there
really...
Fri, Feb 25 2011, 4:23 PM
On Tuesday we issued a directional MBS alert because the bond market seemed to be in the midst of shift in its underlying technical bias, from bea...
Fri, Feb 25 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-12 : +0-07
...
Fri, Feb 25 2011, 1:44 PM
Since the last piece of economic data for the week was released at
9:55am, MBS have been in rally mode, recently meeting resistance at
their highe...
Thu, Feb 24 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-06
...
Thu, Feb 24 2011, 8:25 AM
The 10-year Treasury note traded in a yield range of 3.49% to 3.44% overnight, after giving up three basis points and closing at 3.49% yesterday. Rat...
Thu, Feb 24 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-06
...
Thu, Feb 24 2011, 1:48 PM
$29bn 7s: Indirects close to average. Dealers make up for light direct
bid. BTC near average. High yield 5bps thru 1pm WI.
Not bad, not bad.
...
Wed, Feb 23 2011, 11:28 AM
As we discussed yesterday, the momentum that has been negative for
benchmark Treasuries and production MBS coupons throughout February...
may be s...
Wed, Feb 23 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-04 : +0-02
...
Wed, Feb 23 2011, 8:38 AM
Equity
futures are rebounding after anti-government riots in oil-rich Libya
initiated the worst single-day sell-off since August yesterday. As
s...
Wed, Feb 23 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, Feb 23 2011, 1:38 PM
My latest tweet (AQ_MND) :
$35bn 5s not so hot. Tailed 1pm by 3bps, BTC on weak side, Dealers take
58.2%. Directs and Indirects reduce tenders an...
Tue, Feb 22 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Feb 22 2011, 8:55 AM
Equity
futures are sharply lower as the week begins following an earthquake in
New Zealand, a possible credit downgrade to Japan, and continued un...
Tue, Feb 22 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-03 : +0-20
...
Tue, Feb 22 2011, 1:51 PM
The bond market seems to be in the midst of technical shift in the underlying technical bias, from bearish to bullish.
We've observed much short c...
Fri, Feb 18 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, Feb 18 2011, 8:34 AM
The bellwether 10-year Treasury is yielding 3.59% this morning, after firming five basis points to 3.57% on Thursday.
Equity futures are flat this ...
Fri, Feb 18 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Feb 17 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Feb 17 2011, 10:51 AM
Lots of econ data came out this morning and for the most part has had
good effects on the bond market as a whole, including MBS. FNCL 4.5's
are u...
MBS Market Alerts
