5/31/2017 - End of the Day/Month Market Update

The 10-year yield briefly dropped below 2.20%, that key technical floor market participants will be watching
if there's a material volume move to a new range. MBS traded sideways throughout the day, closing flat.

Tomorrow may be more eventful with a handful of meaningful economic data releases including ADP employment data and ISM manufacturing indices.  Watch for any news on the Paris climate accord to signal the beginning of potential trading rifts with Western Europe as well.

No comments:

Post a Comment