Posted To: MBS Commentary
If you’ve been out for 3-4 weeks, welcome back. Bonds have been selling off rather abruptly and now we’re hoping for a bounce. We thought we had one after NFP Friday (well, not all of us ), but it turned out to be a false start . Then last week saw a repeat performance of the previous week’s Thu/Fri rally. This time around, the bounce potential looked more convincing . Others agree–even if it they didn’t say so until Sunday (that’s OK, they wrote more ) . The point of the preceding recap is to set the stage. The players were definitely playing through the middle of last week, but Thursday and Friday equated to a drawing of the curtain. When it reopens this week, we may be treated to a completely different scene. As far as this week’s events, the most notable calendar…(read more)
Via:: MBS Week Ahead: Time to Find Out About This Bounce
Share this article
