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Robin SimonPoster
#3 Private Lending & Conventional Mortgage Advice Contributor
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Mortgage News Daily: Circling The Wagons Ahead of Thursday's CPI
Robin SimonPoster
#3 Private Lending & Conventional Mortgage Advice Contributor
Pro Member
#3 Private Lending & Conventional Mortgage Advice Contributor
- Lender
- Austin, TX
https://www.mortgagenewsdaily....
"Circling the wagons" isn't a particularly specific term in the realm of financial market commentary. It's just a simple way to say that bonds had been doing one thing and are no longer doing that thing. The motivation for the change can be that the previous thing had run its course or that the next thing carries big two-way risks.
Good coverage ahead of tomorrow's big CPI print, shaping up to be the first big movement day for MBS / rates in 2023, what's everybody's predictions?