In their latest assessment of the bond market outlook, Morgan Stanley strategists are challenging the former head of the Federal Reserve Bank of New York’s view that losses are likely to deepen.
https://www.nationalmortgagenews.com/articles/morgan-stanley-says-bill-dudley-is-wrong-about-bond-market
Refi potential spreads as average borrower rates rise
Nearly one-quarter of borrowers now have a rate above 5% as households in this category grow and...
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