Posted To: MBS Commentary
Bond rallies don't last forever 2 ways for rates to move higher: temporary, nominal corrections, and full-scale reversals Here's one easy way to tell which is which At the moment, bond markets have weakened slightly overnight, causing some question to pop into our minds about whether or not this rally has run its course. Depending on how closely our faces are pressed up against a chart of rates, we run the constant risk of overthinking and overdramatizing the normal, gentle pull-backs. Over the years, I can't even count the days where I thought the sky was falling for a few minutes, hours, or even days, only to see rate fall even lower shortly thereafter. The only way to make peace with this internal debate is to remove the emotion and focus on some objective framework. One of 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/290RLO0
No comments:
Post a Comment