MBS RECAP: Global Growth Concerns Helping Bonds

Home / Blog / MBS RECAP: Global Growth Concerns Helping Bonds

Posted To: MBS Commentary

Here come those "global growth concerns" again! It's nothing too huge or scandalous, but today's scorecard offered several anecdotes that fueled a downbeat global growth narrative. These ranged from things as obscure as Australian inflation data and a modest miss in German business sentiment to more logically bearish things like a massive downward revision for GDP from Canada's central bank. Granted, several of these tidbits are off the typical beaten path of market movers for the US bond market, but taken together, they sent a unified message. Global growth concerns are highly en vogue as a risk to rising stocks and higher bond yields. Today was a bit of a freak coincidence that required a certain balance of trading positions waiting to be exploited by otherwise small...(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...

f1e1a27c a9ca 49a3 b333 22c915052756 9b1ffde0 4dfb 4ab1 b5c0 c6e35f5a2caf 63c9e821 2b3b 460f a172 56a54e29b5e9 815366d0 cf76 4f41 af3e 7931ba7ed137 7e67acf6 5c28 483f 8d70 f77ffc74bb56 fef253a2 ea5d 4b5a b1ee 97f0070266f1 07bae2b1 28f0 4001 a30f 3e4b55cf6cd3 2dbd0466 4d73 45f8 8035 189cdc274e49 304edd50 2230 4b34 b489 a519aff45e77 28bd9d28 f9ef 4546 9c6c b1b76f76b391 9a661bef 6fd2 4e4d bc1d b6aac6543f0b ac62235b 28db 4fa5 a723 e8f4294eb06c 1241fa5f 9411 472b b7b7 7e39e306a745 2c1ddbc7 d1a9 4d90 97c1 fadb5fd243d9 da565ebe 9cc7 4fb1 a87e 8533885fc0bd 306345a1 149e 46bb 8cdb 3384933b65ba 137deebd ff66 437d b034 f8015c40f3ea 48ad39e8 2deb 4ffa 8617 d90cdf4cce6f 69cd6b23 6e01 4f6c b869 ee44c9592c47 43de4725 118e 45d5 800f f9b96ed13aa0 6e7f10bf edf0 408f a219 114f6f352f9b abd1d7c9 845c 48e1 9d82 01004079c93a d48da661 c800 4828 8eee 0f603edf4362