MBS & US Treasury Markets
8/25 12:07:10PM EST : Delayed Data

No point in wasting time/words on analysis when cause and effect remains so simple. After news regarding potential progress is peace negotiations, an overnight drop in oil prices coincided perfectly with a drop in Treasury yields. The end. 

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09:32 AM

MBS up a quarter point and 10yr down 3.9bps at 4.659