MBS RECAP: Bond Markets Nervous Ahead of Tomorrows FOMC - Posted - TopicsExpress

MBS RECAP: Bond Markets Nervous Ahead of Tomorrows FOMC - Posted To: MBS CommentaryDespite one solid attempt to bounce back to unchanged levels this morning, bond markets spent the day in weaker territory. For most of the day this wasnt too offensive as the weakness was fairly well-contained. As the close approached, an ascending trend in yields became apparent. Treasuries and MBS both ultimately closed at the weakest levels of the day. 10yr yields incidentally matche... ow.ly/2POx4C

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