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.
Bonds Hold The Range Despite More Data-Driven Volatility
Thu, Aug 14 2025, 2:27 PM
MBS Recap
Bonds Hold The Range Despite More Data-Driven Volatility
MBS Recap Matthew Graham | 2:27 PM
Bonds Hold The Range Despite More Data-Driven Volatility
At 0.9, not only did today's PPI crush the 0.2 forecast, but it's also the highest reading since post-covid hyper-inflation by a wide margin. And while there's always a chance it will be revised to something less alarming next month, it was enough to do noticeable damage to bonds today. Before the data, 10yr yields were knocking on the yield floor at 4.20%. This afternoon, they're up closer to 4.30%. Things could have been even worse if not for the fact that the PCE components in the PPI data suggested a much less onerous impact on the PCE data that will come out in 2 weeks. Nonetheless, it will be enough to keep eyebrows raised regarding the extent to which tariffs are hindering a return to the 2% inflation target (something that will unfortunately be up in the air for many months).
stronger overnight but losing ground after PPI. MBS unchanged and 10yr nearly unchanged at 4.237
11:14 AM
Additional weakness now. MBS down an eighth and 10yr up 3.7bps at 4.278
11:45 AM
MBS down 6 ticks (.19) and 10yr up 5bps at 4.291
01:38 PM
Off the weakest levels. MBS down 5 ticks (.16) and 10yr up 4.8bps at 4.289
Lock / Float Considerations
After a lower consequence day on Wednesday, risk/reward increase somewhat on Thursday and Friday with the return of econ data (PPI on Thursday and Retail Sales on Friday). Risk-tolerant clients still have plenty of room between here and the 4.40% technical level to set overhead lock triggers. Risk-averse clients still have the lowest rates in 10 months.
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.
