Posts Tagged “Odd Basis”

News Sources wrote an interesting post today on
Here’s a quick excerpt
One trader (who I do not have permission to quote directly) notes in an email that MBS have lagged Treasuries during the recent rally from 3.85 ish 10 years down to 3.30 10 years. According to this veteran, LOAS has widened by 25 basis points to 30 basis points over the period of that Treasury market rally. He notes that loan demand is weak and banks are buyers on dips. He does not state this but my surmise is that the 50 odd basis point rally in 10 year notes did not provide many opportunit

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