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Market Commentary

Market Commentary

December 26, 2014
10-YEAR NOTES   100-00 (+04)
FN 3.5% COUPON   103-27.5 (+02.5)
SUPPORT   2.42%
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We have an empty economic calendar today following yesterday's holiday market close. The curve has bull flattened with 2s10s down -1.1 bps and MBS has started outperforming treasury hedges across the board.
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This information is provided solely for informational use and is not intended as a trading or investment advice in any manner whatsoever. Sun West Mortgage Company, Inc. is not liscensed or registered broker or dealer and cannot provide investment strategies or recommendations. This information is provided to brokers/lenders only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, price, guidelines, fees, costs, terms and conditions are subject to change without notice.