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MBS Day Ahead: Hey! It Won't Be a Straight Line. OK?

(Mortgage News Daily) - 3 months ago
 Posted To: MBS CommentaryWhen your career is directly impacted by bond market trends, and when you watch those trends on a nitty gritty, intraday level, one of the most insidious pitfalls is to get too wrapped up in every little move. Traders and strategists are taking a broader view than most loan officers and other bond market stakeholders in the mortgage industry. As mortgage people susceptible to intraday reprices, our noses are pressed up against the trade screen while the generalists are l...
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