Posted To: MBS Commentary

Whether it’s an imperfect catch-all term like “tradeflows,” or a similarly imprecise reference to the “unseen hand,” bonds often find motivation from factors that defy and transcend the market movers relied upon by the average rate watcher. A much weaker economic report or friendlier-than-expected Fed communication… These are the sorts of conventional market movers that are well understood. On the other side of the spectrum, there are things like short squeezes, technical triggers, curve trades, real money accounts scrambling to lock in yields before they move any lower, and many other trading motivations that don’t make themselves readily apparent on anything other than a forensic level. Read this post from a few weeks ago for an example of the last time we explored…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Published On: July 7, 2021 / Categories: Mortgage News /

Subscribe To Receive The Latest News

Curabitur ac leo nunc. Vestibulum et mauris vel ante finibus maximus.

Thank you for your message. It has been sent.
There was an error trying to send your message. Please try again later.

Add notice about your Privacy Policy here.