Posted To: MBS Commentary

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. MBS UMBS 2.5 102-14 : -0-02 Treasuries 10 YR 1.5230 : +0.0380 Pricing as of 11/29/21 11:12AMEST Tomorrow's Economic Calendar Time Event Period Forecast Prior Monday, Nov 29 10:00 Pending Sales…(read more)

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Source: Mortgage News Daily