MBS Working day In advance: Fed Working day, Bounce Working day?
Posted To: MBS Commentary
I'm heading to chat about the opportunity for a helpful bounce in bonds nowadays. I want to be distinct ideal up entrance that I'm presenting this as a single of two possibilities, and with no any comment on which risk is additional very likely. It's just that we've type of beating the “premiums are heading higher” detail to loss of life–at least for the time currently being. The risk, danger, or most likely even likelihood that premiums can, will, or need to go higher isn't heading any where . It's some thing that need to be portion of your survival system for nevertheless a lot of additional months it carries on to be the scenario (sure, I imagine we can rely it's remaining lifespan in months, not years). Our most modern trend towards higher premiums has coincided with a bounce in shares . Likely back a handful of weeks before that,…(read additional)