MBS Day Ahead: Bonds Still Focused on Defense, But Hoping Offense Figures it Out

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Wall Street week ahead: US fund managers play defense during shutdown. a 21-day shutdown from December 1995 to January 1996, saw the S&P 500 rise 0.1 percent during the shutdown itself and gain.

Mortgage rates continue downward fall, sending sales up with them Mortgage Rates Continue Downward Trend.. "Mortgage rates eased somewhat as new home sales fell 7 percent in December to a seasonally adjusted pace of 414,000 units, below the consensus," said.

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MBS RECAP: Strong Start And Weak Finish Leave Bonds Little-Changed. Posted To: MBS CommentaryThe bond market started the day off in much stronger territory after solid overnight gains. These could be viewed as a factor of weak equities markets or simply due to a general risk-off trade that has been going on for the entire month of May.

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