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MBS Day Ahead: Holiday-Shortened Trading Week Promises Little Inspiration

(Mortgage News Daily) - 1 months ago
 Posted To: MBS CommentaryIn the week just past, bonds managed to extend the already unexpected gains that began on May 6th following a sharp escalation in US/China trade war rhetoric. Trade-related news continued to be a market mover throughout that two week period, and markets remain susceptible to "aftershock" headlines. Last Wednesday saw a flare-up in Italy/EU tensions revolving around the country's decision to violate EU budget rules. In general, risks to EU monetary stabilit...
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