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MBS Day Ahead: Where We Were, Where We Are, And Where We Might Be Going

(Mortgage News Daily) - 8 months, 2 weeks ago
 Posted To: MBS Commentary2009-2013 was an unprecedented time for the US bond market. It benefited not only from the initial blast of the Great Recession and the sluggish recovery that followed, but also from the ongoing blast of Fed bond buying and ultra-low rate policy During that time, economic data only ever mattered inasmuch as it affected the Fed's accommodation game plan. Even then, markets were 10 times more willing to trade the changes in the Fed's gameplan than they were the d...
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