Posted To: MBS Commentary

Bonds managed to make positive headway for a third straight trading day on Tuesday, but the gains weren't enough to break yields below the prevailing uptrend. That may be changing today, and that's the sign we need that the market may have found the top of its range for now. Any additional strength after today's 5yr action would offer further confirmation. 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 2.5 102-20 : +0-04 Treasuries 10 YR 1.5676 : -0.0504 Pricing as of 10/27/21 9:06AMEST Tomorrow's Economic Calendar Time Event Period Forecast Prior Wednesday, Oct 27 7:00 MBA Purchase Index w/e 266.2 7:00 MBA Refi Index w/e 2807.9 8:30 Core CapEx (%)* Sep 0.5 0.6 8:30 Durable goods…(read more)

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Source: Mortgage News Daily