Posted To: MBS Commentary
Bond markets have been slightly weaker over the past few days, but overall, still arguably trading sideways inside a narrow range. Looked at in the most neutral light, these episodes of 'sideways trading inside narrow ranges' can imply markets are anxiously awaiting the next big piece of information or the firm formation of the next trend. But it could also be argued positively or negatively depending on your perspective. Let's get the negative perspective out of the way. The bond-bears' stance isn't complicated, but it's fairly scary . In short, some of the more mainstream technical analysis suggests positive momentum in bond markets fizzled out 2 weeks ago and has now confirmed that it's moving in the other direction. In other words, the green candlestick in the...(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/1TCXcpM
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