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Looking forward to seeing how this week ends up with the Holiday weekend on the horizon. MBS had a good week really, until yesterday afternoon. After gains in the ball park of 120 bp for the last 5 sessions, several factors (including gas prices and more whispers of inflation being the primary su...
Starting off this week the same way we finished up last week, all over the place. MBS securities were up as much as 46 bp (a really good thing, means rates are going down) and down as much as 25 bp, (a really bad thing, means the oppostie obviously!!) over the course of the day. That's a 71 bp s...