MBS RECAP: Despite Interesting Tidbits From Fed, Bonds Barely Budge

Recap of Gabriel, Mary and Jack in the alt-SPNverse, and the last few minutes of the previous episode.. Even if it was more fun hanging out with “hookers in Monte Carlo.”. Even when Mary says she’d leave, too, alt-Bobby insists that the angels turned on humans, despite initially seeming to be their allies, and Jack will, too.

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MBS. bond markets. Basically, the cues are not presently there for bond markets to keep on rallying. The 5yr Auction was mostly a non-event, but wasn’t a net-positive for longer-term yields..

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