MBS RECAP: Worst Day For Bonds in Nearly 2 Years

Home / Blog / MBS RECAP: Worst Day For Bonds in Nearly 2 Years

Posted To: MBS Commentary

In terms of outright movement toward higher rates, you'd have to go back to the days following the election in November 2016 to find anything worse than today. It was like a handful of other snowball selling sprees seen over the years in that it seemed unnecessarily relentless while it was in process, but will end up making sense in the bigger picture. Whether or not it will make sense to you depends a lot on how closely you've been following along (either with the realities facing rates over the past few years or simply with this commentary). It would seem quite complicated if you're not already drinking my kool-aid , so I'll attempt to share an abbreviated recipe below. Incidentally, I say "my kool aid," but in reality, I think there's only one kool-aid when...(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...

38bac8f0 1016 4d36 b2d6 1cec408ca3e4 70025ab0 57b3 4170 97b9 0642ead4630d e164b728 ab88 45c4 942c eea830e2f70c 942a531f f547 49c7 9d47 b11b4daf58a7 9bf9e7dd 0eff 48ee 80bd 93590a64207a 53b43fe8 eb97 4536 b1a4 56f6737d331e ac257cb0 f796 425f 8e9a 1bdfa302832d 542fc1e4 450b 42e4 b550 b2ab4a0f70c4 427ee0a2 cee4 44e3 8772 b5e77805b605 6d247df0 8233 4d7b 9547 45e368e3f6df 186d5578 f356 4946 a9a8 47250e5adb40 081276f4 7258 4497 a8c9 fafec8c5d4c5 5595731c ed35 426b 9596 4d621bdc6e0f 11adf241 13b5 466d aa37 2bf6fa994237 a0c4f466 31ff 453f ac84 6419554a84d0 533b8d00 0261 467e b82c 2393130272e3 ffc906b1 6621 45ef 9c9e faedef69861b 912d34a5 671d 46f8 8843 449d1e2e91be 1db087fa a3bc 4852 b727 92ab499dd948 555e5270 50ad 4f53 9aec 7f1746d1ab69 04fc357a a849 4cdd a854 2c4c38fe6e46 fba02722 bef0 4a86 b1b9 9209cb3901aa a53b773e 7e3d 4c19 9f2d 90fb4ff466a9