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…
`
`
The markets are constantly moving! Get Mortgage Mike's daily market updates
Additional Articles
Locking bias
Bonds appear to be capped by an overhead resistance level that they have...
Read More
Locking bias on short term transactions
Mortgage bonds broke below the upward channel that carried mortgage bonds above their...
Read More
Bond prices to likely take a breather today
The bond market rally ended abruptly Friday afternoon, as the rebound in the...
Read More
Floating Bias
The rally in the bond market is in full steam today, following a...
Read More
Is it worth the risk to float….
Bonds continue to rally this morning, as they remain above their 200 day...
Read More
Bonds performing well so far this morning
In a sign of technical strength, mortgage bonds have been able to poke...
Read More
Lock while at the top of the trading channel
The big news of the morning was the release of the Personal Expenditures...
Read More
We will maintain our locking bias
A robust job market combined with strong consumer spending and widespread construction spending...
Read More
Locking bias
Mortgage bonds attempted to break above overhead resistance on Friday and were forcefully...
Read More
Still Need Help?