MBS MARKET COMMENTARY

Join our email list for a daily macro view of the stock and bond markets. You should also subscribe to receive educational articles, whitepapers, and updates on our upcoming events! Select “market commentary” to add the daily market commentary to your newsletter subscription. 

Join Newsletter for MCT’s Daily Market Commentary

    General information and news from MCT.
    Latest news and commentary on market activity from MCT experts. Sent daily when the market is open.
    Market trends, data analysis, capital markets coverage, and best practices recommendations.
  • This field is for validation purposes and should be left unchanged.

Examples of Mortgage Capital Trading Daily Market Commentary

Previous Weekly MBS Market Commentaries

The MCT Review: Market Commentary Week of January 10

Treasury yields moved in a narrow band last week, with intermediates maturities lagging both the short and long end of the curve. The reshuffling of the curve left the 2-5 spread inverted by less than a basis point, while the 2-10 year spread moved wider by roughly 4 basis points.

read more

MBS Weekly Market Commentary Week Ending 4/16/2021

Long-term 30-year yields have fallen to 2.27%, the 10-year is currently yielding 1.583%, and the Fannie Mae 30-year current-coupon spread to the 5/10-year blend tightened to +66. Also of note, the US MBS index option-adjusted spread hit its tightest level in over a decade on Wednesday, closing at 7bps.

read more

MBS Weekly Market Commentary Week Ending 4/9/2021

Long-term 30-year yields have fallen to 2.333%, the 10-year is currently yielding 1.662%, and the Fannie Mae 30-year current-coupon spread to the 5/10-year blend tightened 2 basis points to +68. The spread has tightened to its lowest in almost two months.

read more

MBS Weekly Market Commentary Week Ending 3/19/2021

Long-term 30-year yields have risen to 2.405%, the 10-year is currently yielding 1.695%, and the Fannie Mae 30-year current-coupon spread to the 5/10-year blend widened to +80. Treasury yields continue to rise to their highest levels in over 12 months.

read more

MBS Weekly Market Commentary Week Ending 3/12/2021

Long-term 30-year yields have risen to 2.382%, the 10-year is currently yielding 1.628%, and the Fannie Mae 30-year current-coupon spread to the 5/10-year blend widened to +73. Treasury yields continue to soar to their highest levels in over a year.

read more