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.
MBS pricing overview
The price shown below is delayed, please refer to the timestamp below. Real-time prices is available through MBS Live.
|Prices from 07/23/21 10:26 am|
Tomorrow’s economic calendar