MBS Alert: Bonds Tanking After Surge in Payroll Growth

Todd Hanley, RICP®, CMA™

Senior Loan Officer

United Direct Lending

M: (954) 806-5114

E: todd.hanley@uniteddirectlending.com

https://todd.mortgage

The Reverse Mortgage Ex...

5500 NW Glades Rd
Suite 500
Boca Raton FL 33431-7367

License:

LO71086

Ask Me a Question

MBS Morning:

MBS Recap:

MBS Alert:

MBS Update:

MBS Huddle:

Bonds Tanking After Surge in Payroll Growth

3 Hours, 45 Min ago

Nonfarm Payrolls
- 256k vs 160k f'cast, 227k prev
Unemployment Rate
- 4.1 vs 4.2 f'cast, 4.2 prev

Bonds are instantly and significantly higher in yield after the obviously strong jobs data. 10yr yields are up 9bps at 4.775 and MBS are down a quick half point. More to follow as the market trades this out, but at first glance, it doesn't look like there are any major counterpoints in the data.

More MBS and Treasury Markets

MBS Morning:

Highest Yields in Over a Year After Super Strong Jobs Report - Today, 3:16 PM

MBS Recap:

No Data, No Volatility - Thu, 7:04 PM

MBS Alert:

MBS Still Positive, But Down an Eighth From Highs - Thu, 5:37 PM

MBS Morning:

Bonds on Light Duty Ahead of Friday's Jobs Report - Thu, 4:03 PM

MBS Recap:

Some Volatility But Broadly Sideways - Wed, 8:29 PM

Todd Hanley, RICP®, CMA™

Senior Loan Officer

United Direct Lending

M: (954) 806-5114

E: todd.hanley@uniteddirectlending.com

https://todd.mortgage

The Reverse Mortgage Ex...

5500 NW Glades Rd
Suite 500
Boca Raton FL 33431-7367

License:

LO71086

Ask Me a Question

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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.