Jack's Morning Update

MBS & Pricing Expectations My Summary From Barry Habib & The Market Well, it happened and it was actually almost predictable. Much more complicated than this but Fed Chairman Powell said inflation is coming when he spoke yesterday. Guess who does not like inflation. Mr. Bond does not like it.…

MBS & Pricing Expectations My Summary From Barry Habib & The Market Well, yesterday played out just about exactly as expected. We closed Tuesday at the top of the trading window and tumbling down it went to the tune of 50 bps on margin on Wednesday for reasons most of…

MBS & Pricing Expectations My Summary From Barry Habib & The Market I am sending this out before markets open and before any commentaries come out so today just educating you a little more. If you look at the below graph or click on the link to be able to…

MBS & Pricing Expectations My Summary From Barry Habib & The Market Just a quick update of where we are. Feb 12th life was normal. Then from Feb 12th closing at 102.563. Just pretend a 2.5% rate was paying 102.563 as an example. See below, that same 2.5% rate was…