Uncertainty is usually the most extreme just before and after rate market peaks. That's when volatility rules.
Monday was no exception. Canada's 5-year yield bounced 18 bps after Fed officials reassured that the U.S. banking system is "sound and resilient" with "strong capital and liquidity."
That leaves the uptrend in rates still intact, despite traders trying to slice through it last week.
You don't have access to this post on MortgageLogic.news at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.
Comments
Sign in or become a MortgageLogic.news member to read and leave comments.
Just enter your email below to get a log in link.