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MBS Live Recap: How Low Can Stocks Go? (Bonds Want to Know)

How Low Can Stocks Go? (Bonds Want to Know) 

 
 
 Bonds improved overnight and again after this morning's Philly Fed data (a dark horse market mover to be sure).  10yr yields hit their lowest levels in 3 weeks, and at one point were almost 40bps below the highs of 3.2% seen 2 weeks ago.  Bonds may have already been destined to reject 3.2% and recover, but there's no question that the heavy...
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