MBS RECAP: Bonds Tank as 2018 Fears Become Real Again

Home / Blog / MBS RECAP: Bonds Tank as 2018 Fears Become Real Again

Posted To: MBS Commentary

Remember early 2018 when the fear was compounded by this list of bad actors? increased Treasury issuance to pay for the revenue shortfall in the new tax bill the upside economic/inflation potential created by the new tax bill A Federal Reserve that was increasingly intent on hiking rates and increasingly willing to decrease the size of its balance sheet (aka, bond buying) Foreign central banks that were tiptoeing ever close to their own "taper tantrum" moments It was enough to send 10yr yields quickly over 3% by May 2018. Then the Italian political drama reminded markets that things could still go wrong. Tariff uncertainty added to that sentiment and bonds sneaked through the summertime months without much of a fuss. Enter September. We knew September could bring a sea-change to the...(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...

d2dbb795 1556 4d81 8c18 aff0ce272bc1 1b02606c 78a3 4df6 a5de c2f5bd7d713a 2f9ed91b b735 4392 9530 8625396adfd0 40b568d0 9cb5 4868 b7eb 035cb4189148 3f9541ae 0d1f 4eb7 a216 571fd57b1b4d ae6a8c59 fd48 451e baac bed84db648cd d54c0e80 5d33 4cc7 879d e979829bb1db c1b99eb5 1fdf 45a8 882f 65b797b131c4 02a286af 78dd 46b5 8c85 26c9660846aa 8bcc79ad 168d 4264 874b 3794c75c39f6 b52ac8cf 9b62 4ef0 8b52 1dd55fc7a2dd f31aed2a 8bb3 494f a616 9be6d8978807 9adac568 5a2c 4205 8c32 1d56650cbf88 cc3d88b6 51c4 4f24 986d 26a18f0b217d fe4f8379 424c 4e1e b1c1 40c92cb7c0ae 9daf5e31 892f 48b2 bfed ba50e6f59d39 3e428d0a 6e95 4d41 a183 19b0a5e8eb87 690353d5 f77a 43a7 b1c9 93b53fbd5214 7b3317bf 4395 47ca 9cf1 2816142bdd54 9daa4866 9c7a 41b7 a8fe 4ef3ec274fec 9461a75b a2a3 42ae 8c26 a7c2a1976078 da2c5eed e929 4c85 aada 0eeeb311583f 2e313e14 250d 4f56 a8cb 6bbc462ce617