Back Add to favorites Send to a friend Print



MBS Morning: Winter Break Continues For Bond Market

12/27/2021


Posted To: MBS Commentary

While bonds aren't closed for business this week, it wouldn't much matter if they were--at least not for the average mortgage rate watcher. That's not always the case on the week between Christmas and New Year's Day. Things are a bit different this year due to the pandemic. We're waiting for more tradeable info regarding omicron's impact on the economy. Once that picture becomes clearer, the assumption is that rates will make a more convincing move toward the summertime lows or the more recent highs. At the very least, we'd expect a challenge of one of the outer boundaries of the consolidation pattern seen in the chart below. Bonds close early on Friday, but there is no full-day closure as New Year's Day falls on a Saturday this year. MBS Pricing Snapshot Pricing...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Read more...

Be first to leave a comment





2.050116
Legal Agreements  |  Privacy  |  Security  |  Policies  |  Terms of Use  |  About Us  |  Your Feedback
Copyright © 2015 IRESE®, Inc. Patent Pending.