Powered by MukeshLPM
67ef0288643435a5d155cb3a 5dbb08036292a20a78c74803 0 202504032300

Big, Early Rally, Then Flat All Day

by

[ad_1]

67ef0288643435a5d155cb3a

Big, Early Rally, Then Flat All Day


2 Hours, 30 Min ago

On any given day in the bond market, Sometimes everything that’s going to happen ends up happening in the morning, thus leaving the rest of the day to drift almost perfectly sideways. Thursday was one of those days. Overseas markets dogpiled on Wednesday afternoon’s tariff reaction, sending stocks ripping lower and bond yields following. By the time US markets began active trading, most of the gains were in for bonds.  MBS, specifically, barely budged from 11:40am through the close.

    • Jobless Claims
      • 219k vs 225k f’cast, 225k prev
    • Continued Claims
      • 1.903m vs 1.860m f’cast, 1.847m prev
    • ISM Services
      • 50.8 vs 53.0 f’cast, 53.5 prev
    • ISM Employment
    • ISM Prices

08:35 AM

Stronger overnight as tariff rally extends.  MBS up a quarter point and 10yr down 8bps at 4.044

01:01 PM

Sideways near highs.  MBS up 9 ticks (.28) and 01yr down 7.5bps at 4.048

04:17 PM

Still sideways!  MBS up 10 ticks (.31) and 10yr down 8.3bps at 4.041


 Download our mobile app to get alerts for MBS Commentary and streaming MBS and Treasury prices.

[ad_2]

Share this content:

I am a passionate blogger with extensive experience in web design. As a seasoned YouTube SEO expert, I have helped numerous creators optimize their content for maximum visibility.

Contact

Leave a Comment

© 2025 Marketer • Built with GeneratePress
Privacy Policy Terms Contact