In a Mortgage News Daily article, there were similarities abound between Wednesday and Thursday across the market.  In both cases, the overnight session began with a moderately positive tone for bond markets that carried through to 6 a.m.  

Like Wednesday, the gradual onset of pre-market domestic trading brought losses for Treasurys, though both MBS and Treasurys were slightly improved vs. Wednesday's close.

To read the full article click here

cmlynski@housingwire.com