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.
More War-Related Weakness, But With a Supportive Bounce
Wed, Jul 8 2026, 3:50 PM
MBS Recap
More War-Related Weakness, But With a Supportive Bounce
MBS Recap Matthew Graham | 3:49 PM
More War-Related Weakness, But With a Supportive Bounce
Bonds officially closed at the highest yields in more than a month. At one point just before the noon hour, the 10yr was just over 4.59, but ultimately moved back to 4.56. That's only about 1bp higher than yesterday's latest levels (which feels like a win compared to the mid-day trend). Oil prices and bond yields remain in a tight correlation, and once again, war-related headlines set the tone. The most notable among them was a Trump comment regarding the ceasefire being cancelled/over. As was frequently the case in the run-up to the signing of the MOU, it's hard to know which comments represent "tough talk" as opposed to legitimate shifts in policy and military activity. Trading levels reflect the same uncertainty (i.e. oil/yields are certainly higher, but also not nearly as high as they were in May).
Weaker overnight after Trump says ceasefire is over. But not much weaker. MBS down 3 ticks (.09) and 10yr up less than 1bp at 4.561
10:44 AM
MBS down a quarter point and 10yr up 3.4bps at 4.586
01:22 PM
No major reaction to 10yr auction. MBS down 6 ticks (.19) and 10yr up 2.5 bps at 4.577
Lock / Float Considerations
7/8/26 - Successful defense of the 4.59% technical level may offer some hope for the most risk-tolerant clients. Everyone else remains in a defensive stance until the most recent uptrend in rates finds clear support.
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.
