Posted To: MBS Commentary

Bond markets are fully open again today after 2 and a half days of for Christmas. While things could be a bit business than earlier this week, volume and liquidity will remain light, and trading momentum can arrive and depart for no good reason. Technically, there's a 7yr Treasury auction on the calendar, and it's worth noting that there was some movement after Tuesday's 5yr Treasury auction. The following is a repeat: I won't be writing very much this week, but rest assured, I will be here and I will continue monitoring markets like a hawk and sending out alerts as needed. Even so, you should never rely solely on my written alerts. I highly recommend you set up automated alerts HERE and refine them over time to suit your individual needs. This way, if I'm struck by lightning…(read more)

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Source: Mortgage News Daily