Posted To: MBS Commentary
Sometimes all the analysis and planning in the world can't prepare you for how something actually transpires. More than a few traders had plans heading into 2016. They would take the opportunities created by strong economic data to push rates higher between now and the time the economy finally started turning a darker corner. Then they could become bond buyers again and everyone would live happily ever after. Their plans didn't work out. Almost none of them planned to see equities markets (and oil, and China) get as royally pummeled as they have been. Almost none of them planned on being forced to buy bonds as the flood of money out of "risk markets" needed a safer place to go. I know a lot of people right now who are most sincerely concerned with preventing losses in their...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1Waxp75
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