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MBS RECAP: Excruciatingly Slow After Overnight Weakness

(Mortgage News Daily) - 8 months, 2 weeks ago
 Posted To: MBS CommentaryBonds were moderately weaker today with Treasuries outpacing MBS in that regard. 10yr yields had fallen just over 3bps before the start of domestic trading and MBS logged their first trades about an eighth of a point weaker. After the start of domestic trading, however, nothing else happened. Bonds completely flat-lined while stocks continued to spring higher from last week's pre-tariff anxiety (referring to the hard launch of tariff enforcement last Friday). This i...
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