Mortgage Market Guide's recap of what happened this week and why.
The U.S. Bond market is at an important technical juncture. The 10-year Note yield is testing its 200-day moving average. Mortgage Bonds are testing support. This is a good spot for Bonds to reverse some of the selling. Let's hope it happens.
On top of the new stimulus measures being debated, there is plenty of news to track next week, including a whopping $162 billion in Treasuries being sold into the Bond market.
Find out more about what this means for you, your partners, and your borrowers in this week's recap video:
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