MBS Update: Solid Improvement After Strong 10yr Treasury Auction

The MortgagePlanner

Element Home Loans

P: (704) 728-0191

M: (704) 323-8864

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Davidson NC 28036

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MBS Morning:

MBS Recap:

MBS Alert:

MBS Update:

MBS Huddle:

Solid Improvement After Strong 10yr Treasury Auction

Tue, Jun 11 2024, 1:08 PM

10yr Treasury auction
- 4.438 vs 4.458 expectations
bid to cover
- 2.67 vs 2.49 avg

This was a very well-received auction, both in terms of the yield award coming in 2bps below the expected level and in terms of the bid-to-cover coming in almost 20bps above the recent average.

10yr yields are down 5bps now at 4.433. MBS are up 5 ticks (.16) now after being unchanged before the auction.

More MBS and Treasury Markets

MBS Alert:

Even More Reprice Risk Now - Fri, June 28, 8:03 PM

MBS Recap:

What to Make of Week's Weakest Levels After Solid PCE Data - Fri, June 28, 7:34 PM

MBS Morning:

Month/Quarter-End Trading Causing Lots of Volatility - Fri, June 28, 4:10 PM

MBS Alert:

Negative Reprices Becoming More Likely - Fri, June 28, 3:09 PM

MBS Alert:

Negative Reprice Risk Increasing as Bonds Give Up PCE Gains - Fri, June 28, 2:48 PM

The MortgagePlanner

Element Home Loans

P: (704) 728-0191

M: (704) 323-8864

www.TheMortgagePlanner....

400 North Harbor Place
Suite G & H
Davidson NC 28036

License:

NMLS #135191

Ask Me a Question

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