MBS Day Ahead: Huge Slate of Econ Data Due to Holiday Market Closures

Posted To: MBS Commentary

Today's econ calendar is quite a bit bigger than normal. It's also bigger than it would be if this was just any old week with a full 5 trading days. But due to the early closure tomorrow and the full closure on Friday, all of the reports that would have normally been scheduled for those two days are instead pulled forward to today. That said, there aren't any really stellar market movers among them. Month-end trading and repositioning could easily have more of an impact than any of the data. Either way, the narrow, sideways range in bonds has the home court advantage. 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 2.0 103-16 : -0-02 Treasuries 10 YR 0.9200 : +0.0020 Pricing as of…(read more)

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