Friday, July 10, 2020 / by Erik Bjorklund
MBS RECAP: Lots of Indecision, But The Outcome Should Make Sense
Lots of Indecision, But The Outcome Should Make Sense
Both stocks and bonds are trading sideways after taking a step back from their early June momentum. This indecision reflects uncertainty about economic reopening vs rising covid case counts. As soon as a clear winner emerges, markets (and rates) will move accordingly.
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11:30-11:50 AM (ET) - Fed 30yr...