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MBS RECAP: Departure of European Guests Has Bonds Feeling Blue (or Red)

(Mortgage News Daily) - 1 weeks, 4 days ago
 Posted To: MBS CommentaryMBS Live folks don't need to be reminded that red is not our favorite color. It connotes bond market losses on the MBS Live dashboard (and losses in general, of course). We saw plenty of it today despite the absence of any meaningful news, econ data, or other developments that would typically prompt such a selling spree. What gives? In this case, it's pretty simple and fairly well foreseen in my analysis last week. Specifically, I said we'd need a fresh su...
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