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MBS Day Ahead: Bond Sellers Waiting For The All Clear

(Mortgage News Daily) - 1 months, 1 weeks ago
 Posted To: MBS CommentaryIn the day just past, bonds rallied profusely on news that Italy would defy EU budget rules in laying out expenditures to stimulate its economy, thus introducing systemic risk to the Euro currency which, in turn, benefits core bond markets like German Bunds and US Treasuries. 10yr yields moved from 2.41 to 2.37% before the start of business and then rallied more on weak Retail Sales and manufacturing data. In the day ahead, bonds will be looking around, wondering if the ...
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