MBS Working day Ahead: When Will The Lousy Situations Be Over?
Posted To: MBS Commentary
Yesterday afternoon's MBS Recap is a superior go through if you want a lengthier and a lot more philosophical variation of what I'm about to produce (click the link to go through it). The short variation is pretty straightforward . Bond yields are in an uptrend, and they'll be in an uptrend right until they're not in an uptrend any a lot more. We can appear at the broader uptrend that's been intact since early September mixed with the opportunity bounce that took position before in Oct to get an strategy of how a lot positivity can occur inside of the confines of the uptrend. Or we can simply just maintain an eye on several technological indicators, which will typically give us just as superior of an strategy of opportunity shifts in the development. As you might guess, the development is not supplying any such signal at the moment! That doesn't necessarily mean we're not…(go through a lot more)