Russia-Ukraine Conflict Leads to Soaring Demand for Mortgage-Backed Securities
Last week, mortgage markets experienced daily volatility as the Russia-Ukraine conflict led to soaring demand for mortgage-backed securities.
Last week, mortgage markets experienced daily volatility as the Russia-Ukraine conflict led to soaring demand for mortgage-backed securities.
In an action-packed week, analysts saw Central Bank meetings quickly offset high volatility for mortgage-backed securities.
In a short week, core PCE shows inflation quickly soaring in time for the holiday season while investors worry about price increases
The theme of this week revolved around surprising consumer spending growth. As a result, retail sales saw an overall surge.
As the holiday season approaches, the inflation frenzy continues. Currently, the U.S. faces a cavalcade of supply chain disruptions.
After months of slow recovery, inflation remains high. Meanwhile, the latest GDP reported showed a negative impact on supply chain growth.
In a really surprising week, analysts saw retail sales jump far above the consensus while Consumer Price Index failed to reach it.
While significant economic news came out this week, retail sales dropped. In spite of this, the travel and entertainment industries saw a major a boom.
This week, the Fed surprised investors with a new projection, driving rising mortgage rates. Coming into the week, investors laser-focused on Wednesday’s Fed meeting.
Looking at the recent data, new home sales skyrocket though mortgage markets barely changed. Mixed economic data caused little reaction.