Saturday, August 3, 2013

Greg's Friday updates


Good afternoon,

Wine will be served in a few minutes.

 

It was a bad week for bonds as stocks continued to set records. Until today.

Bonds had a very good day today. The MBS is up 103 bps (roughly .125% in rate).

The 10 year treasury closed at 2.60% yield up from last week’s 2.56% yield.

The Dow close at 15,658, up exactly 100 from last week’s 15,558.

 

Most of the attached conforming rates are up .125% from last week, but down from yesterday.

Agency Jumbo and Jumbo are flat, mostly.

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