The scope of the exhaustion of maintained. Does not cause the customer Friendly

In short posts on Friday are my favorite. I bet your favorites too.

After 7 weeks of the consolidation of the stored energy is finally released on bond market today. The range of officially has been lost. Ya!!! And sustain much of the range is exhausted. This is very needed relief. Sorry a labor. The breakdown of the range was far from the customer-friendly. Coupon MBS production moved away from 4.50 to 5.00 MBS. 4.50 trades so you will still need to fill the 5.00% and% 4.875 C30 rate sheets, but all new production for the 5 pm spoon, especially when prices fall further from here.  Thie means if we are to worsen with the present level, 5.375% can darn new best execution 30 year fixed mortgage rate. You should dust from This POST for better explanation of why the extension risk rate rises faster, then they become.

Below is our long-term 10 years TSY Note Chart of technical studies. Triangle teal is a pattern we've talked about the flag so many times in the last month. POST this explains the bear flag pattern and to rates mortgages. I think you know what it meant, however. BAD THINGS. Also in this chart, it should be noted the white circle at the intersection of two gray lines dotted 3.70%. This is where our fibonacci retracements long-and short-run together.  This is our next step in year 10 notes.

The release of stored energy in benchmark loan was not friendly towards the price of the loan. MG discussed the ramifications on sheets rate channel blog consumers. I urge the here you can read.

As regards the data go, production MBS prices fell sufficiently far today to force the lock views distribution where the pipeline strategy securing between coupons 4.50 and 5.00 pm. They trim the margins you need to offer 4.87% and its meaning for borrowers, however.  The coupon of the current secondary market increased bps 10,7% 4.329, at least in the model. Performance have been tighter spreads, and then they were wider and deeper then again. I showed the interest on the defects of the price the purchaser an opportunity. This is a good sign for more sales MBS would be the catalyst for the liquidation of the broader market of bonds (shift in bias, duration).

 

 

72 billion USD in Treasury Auctions scheduled for Tuesday, Wednesday and Thursday ... we would be at least one test of 70% from potential turn around is considered It is necessary that the dozens of rotate before too long, however. If they trade significantly higher and the curve continue to steepen the wides already records, we are sure that
To see the snowballing sales and be able to run back to 4.00%.
The newly established short positions will have to be met for the first time. Then real money
You must add the momentum of the day of purchase. This is all pie in the sky but now. We can target test 3.70% 25s. This means that it is worse to get before sailing better. Make sure that we are
wrong though ... because the bond market is a significant departure for stukajac in bias, duration.

here's a reminder of the headache provided by employment situation report. Check the comments in the discussion of the dashboard above ...And provided updates on GSE Reform. here's a micropost and wrote on it.

My family DOG we missed this week. The much loved DOG family. Terrible. Reach.  Please Say a prayer for Lacie. It will be grealty skipped.

I want the yellow team to win the Super Bowl. More important to be allowed to overcome the pens on Sunday.