Breaking News
  • Freddie Mac reports $354M net loss in first quarter

    Freddie Mac reported a $354 million net loss in the first quarter, significantly down from its $2.2 billion net income recorded in the fourth quarter of 2015. The news is a reminder of the GSE's net loss in the third quarter of 2015, which marked the first loss in four years. But despite the news, Freddie CEO Donald Layton remains positive on the results. Click the headline to find out why.

Investments The Ticker

Bond markets show signs of bouncing back

Fannie 3.0s have held between 104-04 and 104-09 while 10yr yields--a bit choppier--have stayed between 1.89 and 1.916.  

The latter is a fairly critical inflection point at the moment as it marked a firm "floor" for yields coming into Friday morning, and offered another temporary bounce just before Friday's close.  

Now today, we've seen another good bounce, but this time with 1.916 as a ceiling rather than a floor.

Reprints

Services Guide

Comments powered by Disqus