MBS

July 31st, 2014 2:04 pm | by John Jansen |

There was some MBS buying this morning but that flow has abated and spreads are now a + to 1 tick tighter in 3s and 4s while 4.5s and higher are 3 to 4 ticks tighter. Origination is around $700 million thus far today. One dealer whose note I read wants to use any MBS outperformance into month end to short the basis.

Be Sociable, Share!

Post a Comment