Posted To: MBS Commentary
Active corporate bond issuance puts pressure on Treasuries MBS only lose 2 ticks lower oil prices were no help European bond markets still having an effect As is the case with so many Mondays, today could easily have been an unofficial 3rd day of the weekend, but with a bit more hustle and bustle. Don't mistake that bustling for anything important though. Trading had the distinct and sterile feeling that can only come from compulsory trades related to corporate bond issuance and beginning-of-week position taking . Europe is definitely still a consideration for US bond markets, even though the European Central Bank Announcement is in the rearview. This has been and will continue to be the case for the foreseeable future. This morning, it didn't help as European yields spiked around 8...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1XSYnQU
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