With Europe and Japan out on holiday, bonds had the lightest overnight session of the year today, and domestic hours won’t be much better apart from a flurry of compulsory month-end volume heading into the early (2pm ET) close.  Even if we see some movement, we wouldn’t read anything into it.  Traders are far more interested in the Georgia senate run-off election day on January 5th.  MBS Live analysis and commentary will be in “holiday light” mode today (general radio silence unless something significant happens).  If you want to be updated more frequently, make sure you have your custom alerts set up (learn all about it with this video).  Happy New Year!

MBS Pricing Snapshot

Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is available via MBS Live.


UMBS 2.0

103-25 : +0-02


10 YR

0.9300 : +0.0040

Pricing as of 12/31/20 9:22AMEST

Tomorrow’s Economic Calendar

Time Event Period Forecast Prior
Thursday, Dec 31
8:30 Continued Claims (ml) w/e 5.390 5.337
8:30 Jobless Claims (k) w/e 833 803
14:00 New Years Eve *

By Matthew Graham , dated 2020-12-31 09:24:19

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Courtesy of Mortgage News Daily

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