Friday, July 10, 2020 / by Erik Bjorklund
MBS RECAP: Economic Hope Squares Off Against Virus Fears (Again)
Economic Hope Squares Off Against Virus Fears (Again)
Markets continue trying to sort out the prospects for a recovery vs the risk of covid-19 resurgence. Today's battle was between super strong Retail Sales data and disconcerting covid headlines for a few US states as well as Beijing.
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11:30-11:50 AM (ET) - Fed 30yr UMBS Buying
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