MBS Day Ahead: Rates Head For Conflict Resolution As Data Heats Up

Today is the first day of a new month and new quarter, and Octobers have historically been active for bond markets. That leaves us to wonder whether the activity will push back against the mostly negative September. There are excellent cases to be made for avoiding any major push higher in rates until the struggling masses below the line of accelerating net worth can afford to buy anything or borrow any money. Heck, it’d go a long way if we could even have something other than lower real wages for 80% of Americans from 2007 to present (seriously…).

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