MBS Update: No Whammies in PCE Data; Bonds Rallying

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

MBS Morning:

MBS Recap:

MBS Alert:

MBS Update:

MBS Huddle:

No Whammies in PCE Data; Bonds Rallying

Fri, Jun 28 2024, 8:35 AM

Core M/M PCE
- 0.1 vs 0.1 f'cast
- last month revised to 0.3 from 0.2
Core Y/Y PCE
- 2.6 vs 2.6 f'cast

Right on target, but the confirmation of inflation progress is worth a bit of a relief rally for bonds. 10s were slightly higher overnight, and now they're slightly lower, down 1.5bps at 4.272. MBS are up a quick eighth of a point after opening slightly weaker.

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

Home | Weekly Newsletter | Mortgage Calculators | Library | Econ Calendar

Mortgage Calculators | Weekly Newsletter

Reproduction or redistribution of the contents of this newsletter, outside of the distribution services provided, either in whole or in part, is prohibited without prior written permission of the MBS Live, Inc.

The interest rate data provided in this newsletter are national averages from independent data sources. Rate/APR terms may differ from those listed above based on the creditworthiness of the borrower. All information provided "as is" for informational purposes only, not intended for trading purposes or financial advice.

Reproduction or redistribution this newsletter, outside of the distribution services provided, is prohibited. Interest rate data provided in this newsletter are national averages. Rate/APR terms may differ. All information provided "as is" for informational purposes only.