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MBS RECAP: Bonds End Where They Began

(Mortgage News Daily) - 1 weeks, 4 days ago
 Posted To: MBS CommentaryThe beginning of this holiday-shortened week was fairly exciting. It was the first major "opening gap" (yields/prices opening a day well into territory that wasn't traded in the previous day) we've seen happen since September 2017 . Then again, opening gaps are more likely to happen on the first day back from a 3.5-day holiday weekend (the last one was after Labor Day weekend, for instance). Reason being, the domestic holiday gives overseas markets a ...
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