Mortgage Today 04/05/24: UMBS Recovers Slightly, But Bonds Signal Caution Ahead
Man! UMBS down another 15 bps on the open. Stock futures down 41.5 April is not shaping up to be a great month for bonds if the first two days are any indication. [...]
Man! UMBS down another 15 bps on the open. Stock futures down 41.5 April is not shaping up to be a great month for bonds if the first two days are any indication. [...]
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WTMS Blog Today = What's up in Mortgage Today - 04/05/24 A wave of selling hit the mortgage-backed securities market today, with opening figures tumbling and a bearish trend taking hold across bond [...]
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UMBS opened down 5 bps. Stock futures up 17.75 Bonds were sideways to slightly stronger in the overnight session with 10yr yields near their best levels of the day before the 8:30am data. [...]
UMBS opened down 11 bps. S&P futures down 17.75 US investors are cautious despite strong gains last week, waiting on upcoming economic data that will influence the Federal Reserve's decision on interest rates. [...]
UMBS up 14 bps on the morning Bonds were only modestly stronger and mostly sideways for most of the overnight session. Early U.S. trading kicked things into a slightly higher gear starting right at [...]