Friday, March 18, 2011
#mortgagenewsweekly week more about human nature than economics & markets. When Fukushima looked catastrophic, the fearful bought Treasurys & yields fell taking mortgages to new lows. Japan is now merely awful, the stock market drunks are back in charge, fright-money coming out of bonds & rates rising on the happy thought of war with Libya. Go figure. US economy, little has changed.
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