Latest Commentary
After weeks of stagnation, stocks finally took their turn in the spotlight today. As money moved out of the bond market and into equities, mortgage-backed security prices fell and lenders were forced to reprice for the worse. Consequently, consumer borrowing costs are higher than they were yesterday afternoon. The damage was not overly dramatic though...
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Bond Market Suffers as Investors Reallocate Funds into Riskier Assets -
MBS Commentary
Stocks are rallying and the bond market is taking a beating after a much better than expected read on the manufacturing sector.
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