MBS Morning: Much Weaker Than Friday. Much Stronger Than Wednesday
Bonds are starting out the new week retaining a majority of last Friday’s mega rally. The omicron-inspired gains were big enough that 10yr yields are almost 4bps higher than they were on Friday afternoon, but still roughly 12bps lower than they were on Wednesday. The range-finding expedition should continue to be informed by the severity (or lack thereof) of the omicron threat. Additional impacts from this week’s big-ticket econ data are also possible.
MBS Pricing Snapshot
Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is available via MBS Live.
102-14 : -0-02
1.5230 : +0.0380
|Pricing as of 11/29/21 11:12AMEST|
Tomorrow’s Economic Calendar
Read More:Much Weaker Than Friday. Much Stronger Than Wednesday