Posted To: MBS Commentary
After a generally quiet week just passed, the week ahead offers significantly more market movement potential. There’s more economic data, and several of the reports are heavy hitters. There is a Treasury auction cycle this time around with 2, 5, and 7yr on Mon-Wed–a day earlier than normal due to month-end. There’s month-end itself–a more active day or two at the end of any given month that can see trades coming in regardless of economic data, due to compulsory adjustments to managed portfolios. And of course, there’s the Fed . Wednesday’s Fed meeting is a simple ‘announcement’ as opposed to the 4-time-a-year announcement+press conference+staff economic projections. While the Fed says that there’s no rule saying they have to announce big changes with the more robust…(read more)
Via:: MBS Week Ahead: Consistently Busy Week With Big-Ticket Wednesday
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