Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

MBS Day Ahead: Bond Markets Set up Technical Defenses After ECB Whipsaw

By Matthew Graham

Posted To: MBS Commentary

It would be nice if yesterday’s European Central Bank announcement had come with an instruction manual that let markets know how to react and at what pace. I haven’t seen the analytical community as confused and noncommittal in quite some time. A lot of normally highly-convicted folks are instead in “wait and see” mode . I’d mostly put myself in that same camp, but I’ll admit that the prospect of the ECB finally getting some form of sovereign debt buying through the tangled Eurozone political system (for now, anyway) is impressive, and–at the very least– symbolically important as far as market stability is concerned. Will this be THE magic pill that brings about the big bounce in the European economic trajectory? Almost certainly not. But with that in mind, it’s…(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Via:: MBS Day Ahead: Bond Markets Set up Technical Defenses After ECB Whipsaw

      

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

Read More »

TOP RATED PRODUCTS

5/5