Posted To: MBS Commentary
Enquiring minds want to know... In fact, even inquiring minds are fairly curious as to whether or not the pleasantly surprising bond market rally will soon run out of steam for more than a day or two. When it comes to most financial markets, the longer a trend persists without a meaningful correction, the more likely we are to see a correction. Technicals suggest it's beginning to be about that time for bonds. To be specific, technicals suggest it's beginning to be about that time for stocks. That's what we care about at the moment because that's what's driving the bond market rally. Fortunately, stocks are far less well-behaved when it comes to technicals, so the mounting evidence supporting a bounce could all be meaningless. Still, here's what we're up against...(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/1Pst1un
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