Posted To: MBS Commentary
Bond markets enter domestic session at new all-time low yields Yet again, there are no stand-out, individual motivations All about he big picture global growth concerns How low can ya go? Another day, another record low yield in US 10yr yields. In fact, almost everyone's 10yr yield (or any other maturity) is at record lows as global bond markets continue manifesting the new normal of "global growth concerns." And that's what it's all about, as opposed to some specific event of huge importance. If that sounds like a bit of a head-scratcher in light of all the Brexit-related headlines over the past two weeks, not to worry! Brexit definitely played a big role in the most recent act of the bigger-picture drama. But markets have quickly moved on to having their own life. Treasury...(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/29yaGRZ
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