MBS & US Treasury Markets
9/19 1:18:13AM EST : Delayed Data
A message from Nickolas Inhelder:

We Make Home Happen.™

Our goal is simple:

To help every family we serve get to “Yes.”

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.

Let’s make home happen.

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The main function of an alert on MBS Live is to serve as a warning for potential negative reprices. Sometimes, they are simply used to highlight the type of market movement that would result in negative reprices.  This is only really an issue in the first two hours of trading when market movement happens before lenders are out with their first rate sheets of the day.

So here's your alert. 

Bonds didn't sell too much in the first 15 minutes after this morning's econ data, but the losses picked up steam after that.  Unlike the typical move with this timing, we do indeed view this as a delayed reaction to the data which, in turn, took out some bond traders' stop loss levels and created a mini-snowball sell-off.

10s are up 5.2bps at 4.133 and MBS are down just under a quarter point. 

08:23 AM

MBS up an eighth and 10yr down 1.6bps at 4.064

08:37 AM

Slightly weaker after data.  MBS still up 1 tick (.03) and 10yr up 0.1bps at 4.081

09:39 AM

Losses continue.  MBS down 6 ticks and 10yr up 4.9bps at 4.129

12:27 PM

sideways after early losses.  MBS down 3 ticks (.09) and 10yr up 3bps at 4.111

03:17 PM

MBS down just over an eighth and 10yr up 3.4bps at 4.115

A message from Nickolas Inhelder:

We Make Home Happen.™

Our goal is simple:

To help every family we serve get to “Yes.”

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.

Let’s make home happen.

CONTACT ME TODAY