Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

MBS RECAP: Not a Win, But At Least It’s Not a Loss

By Matthew Graham

Posted To: MBS Commentary

After a series of demoralizing losses, it feels like some small victory for bonds to simply remain sideways today. That wasn’t necessarily a given early this morning. In fact, yields hit new intraday highs for the week–the highest levels since May. Move down the curve just a bit and 5yr yields are at the highest levels since 2008–just another victim of the relentless move toward higher short-term rates. All that to say that the biggest risks to the long-term rate outlook have yet to subside. Rather, today simply suggests we may finally be leveling off before making the next big decision–something that seems likely to follow next week’s Fed Announcement and updated rate hike outlook. As for specific market movers today, attempting to pin the tail on any particular donkey is a fool’s…(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Via:: MBS RECAP: Not a Win, But At Least It’s Not a Loss

      

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

Read More »

TOP RATED PRODUCTS

5/5