Posted To: MBS Commentary
On days like today, a majority of my time is devoted to staying on top of alerts and analysis for MBS Live . As such, this will be one of the few mid-day articles where I’ll leave the analysis in bullet point format. Hopefully there will be time to circle back around for more depth in the Recap. Otherwise, you could always just join MBS Live , where members saved so much money today on early, emphatic lock alerts to pay for several years of membership dues. Now down to business. What the hell is going on with markets today? If you take nothing else away from the following, take this: In general, today is about the switch being flipped whereby markets realize that Greece isn’t at risk of exiting the Eurozone. Bond rallied overnight as Greek negotiations broke down. This set the stage…(read more)
Via:: MBS MID-DAY: February Now Worst Bounce for Bonds Since 2009; What’s up with Today?