MBS Alert: Losing Ground Quickly After ECI

Mark Ingram

Broker Owner

Ingram Company

P: (949) 378-1701

M: (949) 378-1701

www.ingramcompany.net

170 E. 17th St. #200G
Costa Mesa CA 92627

License:

CA DRE: 01226769

NMLS: 371141 / 358879

Ask Me a Question

MBS Morning:

MBS Recap:

MBS Alert:

MBS Update:

MBS Huddle:

Losing Ground Quickly After ECI

Tue, Apr 30 2024, 8:35 AM

Employment Cost Index
- 12 vs 1.0 f'cast, 0.9 prev

There was a time when we wouldn't have even put ECI on the econ calendar, but this morning's reaction brings it full circle as a top tier market mover. Yields were slightly stronger around 4.61 before the release and are now 5bps higher at 4.66 moments afterward. MBS are down a quick quarter point.

More MBS and Treasury Markets

MBS Recap:

Moderate, Inconsequential Weakness - Fri, 7:31 PM

MBS Alert:

Weakest Levels of The Day - Fri, 4:47 PM

MBS Morning:

11 Day Weekend Starts Now - Fri, 3:12 PM

MBS Recap:

Gradual Weakness All Day And a Quieter Calendar Ahead - Thu, 9:00 PM

MBS Alert:

Negative Reprices Becoming More Likely - Thu, 6:28 PM

Mark Ingram

Broker Owner

Ingram Company

P: (949) 378-1701

M: (949) 378-1701

www.ingramcompany.net

170 E. 17th St. #200G
Costa Mesa CA 92627

License:

CA DRE: 01226769

NMLS: 371141 / 358879

Ask Me a Question

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