MBS RECAP: China Must be Buying

Before you read it here, it was on MBS Live.
28-Day Free Trial

MBS RECAP: China Must be Buying

Posted to: MBS Commentary
Friday, January 12, 2018 7:58 PM

Forward this email: Send a copy of this story to someone you know that may want to read it.

I laughed out loud today–something I rarely do when reading typed words–after MBS Live cornerstone Sung Kim quipped “thank God China is buying today!”

This joke works on so many levels. Much of the week was devoted to chasing a red herring of a story that claimed China was mulling a reduction in its US Treasury portfolio. Rational people or those who believed the things I was yelling knew the story was mostly bogus, but it went fairly viral nonetheless because it offered an explanation for market movement that was otherwise not easily explained.

Cue this afternoon’s bond…

(READ THE FULL POST)

More from MND:

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/mortgage_rates/blog/828883.aspx

You were sent this email because you opted to receive email alerts when a new article was published to this Mortgage News Daily channel. To adjust your email settings:
Manage Your Email

Unsubscribe from all Email Communications

Forward this email: Send a copy of this story to someone you know that may want to read it.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s