MBS Day Ahead: Consumer Prices and Trade War Risks

Home / Blog / MBS Day Ahead: Consumer Prices and Trade War Risks

Posted To: MBS Commentary

In the day just past, markets continued to gyrate on trade war headlines more than anything. The overnight session saw some bond buying on tough talk from Trump at a campaign rally while the daytime session saw bonds reverse course on news that Trump had received a "beautiful letter" from Xi. Trump went on to say that a good alternative deal was possible. Today brings the only potentially relevant piece of economic data this week in the form of the consumer price index. That said, any impact would be easily overshadowed by the right trade-related headline. Volumes have been getting very big, and both stocks and bonds are ready for a big break in one direction or the other. It continues to be the case that there's a much bigger risk of an unfriendly breakout toward higher rates...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Source: http://www.mortgagen...

4f7787e1 f9c4 4b34 b2b3 139dd74cafd3 f8c79cd5 024b 450d a0cf 4b37becd4cb4 c70449b6 a92e 4e17 865b 1f3628e59e02 b2d26321 4599 4877 ad86 72fdad0b2fcc 5fb1b827 d3bd 40d5 b7b3 34d18423ee4e 22b55c41 791e 45c9 ac9e 7f57fa13e7ba d5b1fd9e de33 43a6 8100 47d144f99784 87eb06cc 5347 4091 9de4 f45542927c18 c433d472 11db 4721 ae34 c1fcd65fd1d8 bbfd85a6 71d5 4b68 a682 f4f72efc0416 35941a49 2abc 4c3b 8f16 f2e929dddd32 2d111b91 b26e 40cd b19a 87ccccd0b08a c439c88a a491 4d4a b7b6 a75eb71e957d 533a36f4 c70d 4964 bf87 4dc16a21d978 ba28c584 7e93 4008 bd8b 546c50e4e3c7 d580be2c 92c5 4e38 8f4b f40fe18a40b1 516cb3c2 52ae 4aae 8054 87322130a1c1 4a918aca 5417 497c 92e7 6d6eb8718728 59f440df 14e3 4cc5 a7ce 23fbf75fb775 e52f5bd8 57f6 4643 b026 c823018cb82e af3ed42c 2650 4fc2 b0df 9522abf52bd0 44aa63fc f2b1 432b 8428 b7830751b93e b32d626e b51a 4f9d a5ab bf729634de16