MBS Update: Rally Returns After More Friendly Data

Jeff Ball

Visio Financial Services Inc.

1905 Kramer Lane
Suite B700
Austin TX 78758-____

Ask Me a Question

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Rally Returns After More Friendly Data

Thu, Jun 13 2024, 8:36 AM

Month over month core PPI
- 0.0 vs 0.3 f'cast, 0.5 prev
Year over year core PPI
- 2.3 vs 2.4 f'cast, 2.4 prev
Jobless Claims
- 242k vs 225k f'cast, 229k prev

Both the PPI and Jobless Claims numbers are clearly in the "rate friendly" camp. Bonds are rallying accordingly with 10yr yields down 7+ bps at 4.24+

MBS are up more than 3/8ths of a point.

More MBS and Treasury Markets

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

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

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

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

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

View More »

Jeff Ball

Visio Financial Services Inc.

1905 Kramer Lane
Suite B700
Austin TX 78758-____

Ask Me a Question

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