MBS Working day Forward: Marketplaces to Congress: That's It?
Posted To: MBS Commentary
The biggest thoughts for Monday will come from economical markets and is directed towards politicians in Washington. Are we done obsessing around the health care vote? Was that a legitimate “postponement,” or are you basically moving on? If the health care debate manages to warmth up once more this week, it could unquestionably lead to the same form of volatility it did very last week, but as of now, there haven't been any new developments around the weekend or early this morning. Marketplaces have reacted by moving in a “risk-off” direction (shopping for extra bonds and selling shares). Treasuries have jumped perfectly down below the narrow range of the past three times. Aside from political drama, this week is fairly relaxed in phrases of scheduled financial facts and gatherings. The stories with the biggest current market movement potential are…(read through extra)