Wednesday 3/18...Pre FOMC Statement
By:
Victor Burek
•
Just a quick update prior to the FOMC statement at 2:15est. MBS are enjoying modest gains, up 3 ticks. Not quite enough to generate reprices for the better from lenders. Treasuries are rallying and the dow is still in the negative but well off the lows.
I will get back to you after the annoucement.