Just when you thought jobs data Fridays couldn't get more exciting, the economic deities serve up two reports tailor-made for low-rate aficionados.
Today's softer-than-expected employment data is keeping North American bond yields in a nosedive. And given the market's positive reaction to U.S. Treasury supply projections, it looks increasingly likely that the ceiling for yields is in.
With economic deterioration mounting and bond bulls stampeding away from 5% yields, Bruce Buffer would probably tell you, "It's time!" to bet on variables.
You don't have access to this post on MortgageLogic.news at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.
Comments
Sign in or become a MortgageLogic.news member to read and leave comments.
Just enter your email below to get a log in link.