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MBS RECAP: Bonds Getting Back to Less Awesome Levels Ahead of Data Glut

(Mortgage News Daily) - 1 months, 3 weeks ago
 Posted To: MBS CommentaryFriday was pretty great for bond markets. It was a solid day of gains at the end of a week where we'd already had two other solid days of gains. All of the above was leading us back down from an important big-picture ceiling in the form of 2.62% 10yr yields. It even went so far as to reinforce a bounce below the 2.55% ceiling as well. While we may not be back up to 2.55% today, we're a lot closer than we were on Friday afternoon. This is the bond market's ...
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