MBS LUNCH: 10 Year Treasury Auction Results

Posted To:MBS Commentary

Here are what the charts looked like roughly 20 minutes ago: It looked as if potential support might just be emerging. Having given the volatility a bit more time to play out, we have indeed encountered support, hopefully it's not temporary… Reprices for the worse–if you haven't seen them already–are still possible to probable. Try to gauge how much your lender hedged their rates for today's auction though. If you were already .375 worse this AM, you may get no reprice to .25. The more aggressive rates were this AM, the closer to .5 and maybe even .625 a reprice might be. Official auctions results are below and we'll dig into strategic discussion in the rest of the day's commentary. The Treasury has successfully auctioned $25 billion 10-year notes. The high yield was…(read more)

This mortgage update is brought to you by: Matthew Graham – You can read the full article at MBS LUNCH: 10 Year Treasury Auction Results

Comments

• Mortgage Resources

  • Home Loan Information

• Mortgage Information

• Featured Articles

  • The Day Ahead: Equities Off Before Manufacturing Data
  • Avoiding Poor Credit Mortgages
  • Adjustable Rate Mortgage – An Explanation
  • President Obama’s Mortgage Modification – Foreclosure May Not Be Inevitable!
  • The Day Ahead: FOMC Rate Decision
  • Interbank Lending Rates Down After Confirmation Stress Tests to be Published
  • FHA Streamline Remortgage Or Refinance Program – Rules and Benefits
  • Alliance Offers New Web Portal to Streamline Loan Modification Process
  • Strategic Default on Mortgages – Is it Morally Wrong Or a Smart Move?
  • Mortgage Loan Modification How To’s – Mortgage Loss Mitigation Made Simple
  • Follow These Steps For a Successful Mortgage Application
  • MBS CLOSE: MBS REACH ANOTHER ALL TIME HIGH!
  • Need a Mortgage Modification? – Don’t Get Scammed – Read This First!
  • Essential Qualities For a Home Loan Modification
  • Fed MBS Purchases on Hold at $16 Billion

• Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org