Friday, July 10, 2020 / by Erik Bjorklund
MBS RECAP: Record High MBS Prices, Record Low Rates. What Next?
Record High MBS Prices, Record Low Rates. What Next?
Bonds and rates clearly aren't looking at economic data as a key source of motivation, nor are they playing by the normal set of rules. Coronavirus has rewritten those rules. How long can this all-time-low rate environment last and how do we approach it from a lock/float standpoint?