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Mortgage rates tick down ahead of bond-market bloodbath that sent yields surgingRates for home loans moved down, Freddie Mac said, but a sell-off in bonds will likely hit the mortgage market in the coming weeks.
Source: MarketWatch - 🏆 3. / 97 Read more »
Wall Street veteran: Surging bond yields will cost the stock market about 8%'There's probably a correction coming' in the stock market due to rising interest rates, Sandler O'Neill strategist Robert Albertson says. What happened to realDonaldTrump market being so great. Nasdaq is at lowest since 2016 and S&P heading to new lows. Just watch Amazon and that will tell you where we are headed. Remember in November or don’t complain
Source: CNBC - 🏆 12. / 72 Read more »
Guggenheim's Scott Minerd is warning about the dangerous cocktail of surging bond yields and slumping stocks.
Source: Bloomberg - 🏆 97. / 63 Read more »