Mortgage bonds are struggling today and remain trapped in a 51 basis point spread between overhead resistance and support provided by the 200 day moving average. Traders appear hesitant to make any bets on mortgage bonds ahead of the…
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Locking bias
Bonds appear to be capped by an overhead resistance level that they have...
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Locking bias on short term transactions
Mortgage bonds broke below the upward channel that carried mortgage bonds above their...
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Bond prices to likely take a breather today
The bond market rally ended abruptly Friday afternoon, as the rebound in the...
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Floating Bias
The rally in the bond market is in full steam today, following a...
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Is it worth the risk to float….
Bonds continue to rally this morning, as they remain above their 200 day...
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Bonds performing well so far this morning
In a sign of technical strength, mortgage bonds have been able to poke...
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Lock while at the top of the trading channel
The big news of the morning was the release of the Personal Expenditures...
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We will maintain our locking bias
A robust job market combined with strong consumer spending and widespread construction spending...
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Locking bias
Mortgage bonds attempted to break above overhead resistance on Friday and were forcefully...
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