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MBS Day Ahead: The Waiting Continues

(Mortgage News Daily) - 1 years ago
 Posted To: MBS CommentaryNot much will be able to change about the recent analysis until markets actually make a move. In a nutshell, the recent analysis holds that we've been waiting for a breakout from a consolidative range that began with the highs and lows seen in October. Every subsequent high/low has occurred in an increasingly narrow range. In technical terms (i.e. when we apply math to the market movement in order to glean cues on momentum and important levels) bonds are behaving sl...
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