Friday, July 10, 2020 / by Erik Bjorklund
The Trend is Officially Broken. Welcome Back To The Range
Bond yields moved lower today, thus breaking out of the prevailing trend. In so doing, they find themselves squarely back inside a longer-standing sideways range, which is a great place to be with rates at all-time lows.
11:30-11:50 AM (ET) - Fed 30yr UMBS Buying ...