MBS MORNING: Rates Higher in Quiet Trading Environment
Posted To: MBS Commentary
Good Morning. Happy Monday. I don't know what the weather was like this weekend where you live, but here in the DC/Baltimore metro area we finally had a change of pace from snow and ice: SUN ! Every field was occupied with some sort of sporting event or recreational activity…mostly lacrosse where I live near Annapolis. After a good run and few hours of lax, I feel recharged and ready to go for a productive week ahead—I hope you do too. Here is a quote to get you motivated if you're dragging a bit: "Even if you're on the right track, you'll get run over if you just sit there" -Oklahoma's favorite son, Will Rodgers Ok. Wake up now. Time to get your purchase market campaign perfected. The Week That Was…. The bond market spent the week chopping around a confined…(read more)
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