President of Mortgage Lending
ABLE Mortgage
License:
NMLS 246763
CA DRE 01411989
MBS & US Treasury Markets
8/20 4:39:00PM EST : Delayed Data

The correlation between bonds and fuel prices was already creeping back into the picture yesterday. After the Treasury buyback announcement got all of the morning's attention, fuel prices guided the ebbs and flows in the second half of the day. Now today, we're fully back to regularly scheduled programming and there are only so many shows.

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08:52 AM

Weaker overnight. 10yr up 4.5bps at 4.691 and MBS down just over a quarter point. 

10:52 AM

MBS down 7 ticks (.22) and 10yr up 4.4bps at 4.69

03:07 PM

MBS down 9 ticks (.28) and 10yr up 4.7bps at 4.693

President of Mortgage Lending
ABLE Mortgage
License:
NMLS 246763
CA DRE 01411989