Mortgage Today 10/23: 10-Year Bond Yields Reach 16-Year High at 5.02% – What’s Driving the Market

By |2023-10-23T15:44:12-07:00October 23rd, 2023|Mortgage, Week In Review|

UMBS starting the week off bad this morning.  Down 39 bps. Overnight, bond markets weakened, and the reasons behind this aren't entirely clear. Some attribute it to last Friday's rally before the weekend [...]