MBS CLOSE: Illustrating the Evolution of the Marketplace in Q2

By:

Quarter 2 has come to an end....

Here are some charts to illustrate the evolution of the marketplace in 2Q 2009:

LIBOR CURVE

AND LAST BUT NOT LEAST....

I think I adequately laid out "WHAT NOW" in MBS AFTERNOON

The Economic Calendar Tomorrow...

PS...I would have like to included a chart illustrating the evolution of mortgage rates, but I am not a fan of any of the surveys as they are not borrower specific and often times create borrower misconceptions.

FYI: Mortgage rates went up if you were wondering! :-D

 

2s vs. 10s: 241bps

MBS QUOTES