September 17, 2021

MP Now News

Mortgage News

Will Friday Finish What Wednesday Started?

After a prominent Monday and a major reversal on Tuesday, Wednesday is the week’s big shift back towards last week’s trading range. Today’s session is able to finish the work. That would only require minimal weaknesses at this point. The alternative would be a sideways drift, with bonds closing exactly at the limit. Either way, with no important data available and the Fed being announced next week, today is naturally limited in its ability to inform the overall trend.

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MBS pricing overview

The price shown below is delayed, please refer to the timestamp below. Real-time prices is available through MBS Live.

MBS

UMBS 2.0

101-22: -0-01

Government bonds

ten years

1.2830: +0.0160

Prices from 07/23/21 10:26 am

Tomorrow’s economic calendar

Time event Period forecast Earlier
Friday 23rd July
9:45 Composite PMI from Markit * July 63.7
9:45 Markit Services PMI * July 64.8 64.6
9:45 Markit Manufactory. PMI * July 62.0 62.1