MBS RECAP: Pain Continues For Bond Markets; Reasons Remain Frustrating

Hot news from AZ Home Help:

Posted To: MBS Commentary

Who can forget this classic quip when asked why rates are higher: "more sellers than buyers?" OK, so maybe that's not so classic, depending on your background, but the point is that it's not too far from the thesis for the current turmoil in bond markets. Granted, if we take the time to devote quite a few more words to the topic, we can talk about how the long term prospects for low US rates have been perpetually dependent on the trajectory of European rates remaining on it's 2014 path, but who has time for all that? Do your business partners and clients raise an eyebrow if you tell them rates are moving higher because of Europe? Is it worth it to explain to them why you're right? No, not at all. It's far easier to say "more sellers than buyers." It has...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagenewsdaily.com/mortgage_rates/blog/471475.aspx

- For more real estate news visit our website at http://www.AzHomeHelp.com