Posted To: MBS Commentary
If you've been tuned in to any reasonable extent--and no one would blame you if you weren't--you're already well aware that Bonds have been on fire so far in 2016. The fuel for that fire has been a nearly limitless supply of stock market negativity and oil price declines. In percentage terms, it's actually the worst January on record for equities markets. Though I know we're beating on a dead horse, the theme is theme. That money from the massive equities/commodities selling needs somewhere to go, and bonds get the nod. They will continue to get the nod until massive equities/commodities selling is no longer churning up money that seeks safe havens. There might be a minor divergence between stocks/bonds/oil in the shorter term, but so far, these instances have proved to...(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/1V8cDDX
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