Yes to the loan that unlocks the joy of home ownership.
Yes to the lending solution that meets every client’s unique needs and wants.
That’s why we dedicate our every resource to serve as your personal guide through the lending process, solving problems, building confidence. Aslan has access to every lending option leading to the purchase or refinance of a residential home loan.
This is more than work for us. It is our unique joy in this life to share our collective skill, creativity, and care to bring you and your family right to where you belong.
Narrow Trading, Weaker Drift; MBS Live Threads Intro
Wed, Mar 26 2025, 5:27 PM
MBS Recap
Narrow Trading, Weaker Drift; MBS Live Threads Intro
MBS Recap Matthew Graham | 5:26 PM
Narrow Trading, Weaker Drift; MBS Live Threads Intro
Bonds began the day in weaker territory but found a bit on the latest tariff headlines (bad for stocks, good for bonds). As has been typical of tariff headline reactions, the movement wasn't big and it didn't last long. A ho-hum 5yr Treasury auction paved the way for one last attempt at gains, but bonds gave up in the PM hours with both MBS and Treasuries drifting to their weakest levels of the day. That said, the range is still narrow and nothing of major consequence transpired today. In other news, today's video recap has an introduction to a new MBS Live feature: Threads!
Weaker overnight, but flat in early trading. MBS down 2 ticks (.06) and 10yr up 2.5bps at 4.342
12:54 PM
Some mid-day recovery on tariff headlines (probably). MBS down only 1 tick (0.03) and 10yr up 2.2bps at 4.339
04:09 PM
Heading out near weakest levels. MBS down an eighth and 10yr up 3.1bps at 4.348
Lock / Float Considerations
Although the prevailing sideways range in bonds remains intact, the new week begins with the ceiling potentially being challenged. Such challenges are selling cues for some traders, but others view them as prerequisites for renewed buying demand. We should also consider the possibility of ongoing spillover from the stock market, even though rates' biggest cues will come from data.
Yes to the loan that unlocks the joy of home ownership.
Yes to the lending solution that meets every client’s unique needs and wants.
That’s why we dedicate our every resource to serve as your personal guide through the lending process, solving problems, building confidence. Aslan has access to every lending option leading to the purchase or refinance of a residential home loan.
This is more than work for us. It is our unique joy in this life to share our collective skill, creativity, and care to bring you and your family right to where you belong.