Posted To: MBS Commentary

You know times are tough in the world of bond market analysis when I resort to using an uninspired bullet point list of events for a headline. The only way it could get any worse would be something like " One Weird Trick To Dealing With Sideways Rates" or "Trader Reunited With Bond Market After 20 Years; You'll Never Believe What Happened Next" (both sponsored by Taboola or some such thing). But I digress… So yeah, bonds are sideways. That much we know. Are they sideways due to coronavirus-related uncertainty ? After all, 'winter is coming' (kids going back to in-person school in many cases, traditional infectious disease season, more activity moved indoors, etc.). Or are traders waiting to see the election outcome and how other traders play the election outcome…(read more)

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Source: Mortgage News Daily