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MBS Day Ahead: Bonds Making Case For Friendly Bounce But Data Could Disagree

(Mortgage News Daily) - 2 months, 3 weeks ago
 Posted To: MBS CommentaryHere's a quick recap of the past year or so. Bond yields were near long-term highs in the first part of 2018 following the passage of the tax bill and generally strong economic data. Rates surged to even higher long term highs in October and November (ongoing improvement in US econ data, hawkish Fed, rotation into stocks). At that point, a combination of European/Chinese weakness, a potentially overly-hawkish Fed, and high rates sent the stock market into a tailspin...
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MBS Day Ahead: Fed Day, Bounce Day? - (Mortgage News Daily)

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