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MBS Day Ahead: Virus Fears Back in Focus For Markets

Friday, July 10, 2020   /   by Erik Bjorklund

MBS Day Ahead: Virus Fears Back in Focus For Markets

The week begins with global financial markets once again defending against coronavirus risks.  Case counts were flat in April and most of May.  The implications were even better considering the effect of increased testing.  But rather than a gradual decline that many had hoped for, we're instead seeing a lift-off from the recently flat numbers.  While some of that certainly has to do with the gradual reopening of the economy, the trend is nonetheless a concern.  Several states (CA, FL, TX, NC, off the top of my head) have seen a significant jump in...

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