MBS Update: Surging Stronger After Hours on Trump Comments

Jason R. Richardson

Gold Star Mortgage Financial Group

P: (310) 810-3545

M: (661) 857-2202

E: jasonr@goldstarfinancial.com

RichardsonLending.com

2350 Green Road Suite 100B
Ann Arbor MI 84010-4810

License:

NMLS #256859

MBS Morning:

MBS Recap:

MBS Alert:

MBS Update:

MBS Huddle:

Surging Stronger After Hours on Trump Comments

2 Hours, 42 Min ago

TRUMP SAYS “I THINK THE (IRAN) WAR IS VERY COMPLETE, PRETTY MUCH" - CBS REPORTER ON X, CITING AN INTERVIEW

Following that newswires, bond yields have dropped 3.3bps to 4.096. Stocks have surged to completely erase today's losses. And oil prices have dropped well below Friday's closing levels.

MBS are now up 6 ticks (.19) on the day. Any lenders who don't reprice for the better this afternoon will presumably have a bit of insulation heading into tomorrow morning.

More MBS and Treasury Markets

MBS Recap:

Big Round Trip in Oil Prices and Bond Yields - Today, 6:55 PM

MBS Morning:

Biggest Oil Spike Yet Leaves No Doubts - Today, 12:45 PM

MBS Recap:

Oil Impact Ultimately Shunned in Favor of Jobs Report Implications - Fri, March 6, 9:39 PM

MBS Alert:

After Nice Mid-Day Recovery, MBS Down an Eighth From Highs - Fri, March 6, 8:21 PM

MBS Morning:

Massive Miss in NFP. So Why Aren't Bonds Improving? - Fri, March 6, 2:29 PM

Jason R. Richardson

Gold Star Mortgage Financial Group

P: (310) 810-3545

M: (661) 857-2202

E: jasonr@goldstarfinancial.com

RichardsonLending.com

2350 Green Road Suite 100B
Ann Arbor MI 84010-4810

License:

NMLS #256859

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