Entries from November 2009

Yields and Rates: MS Rate Prediction, DeLong on T10 Year, Bills Yield Zero, MBS Spreads Widen

November 24th, 2009 · No Comments

  Morgan Stanley expects 10-year yields to rise 220 bps in 2010 – Posted by Edward Harrison – … Realistically, if rates spike to 5.5%, it would be a blood bath for insurers, and probably for pension funds (and hence municipalities as well). Mortgage rates would skyrocket and this would [...]

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Tags: Mortgage Market

Money Influenced: Mexico, Young Get Shafted, Banking Fix, Liquidity, Deficit, Stop Propping

November 24th, 2009 · No Comments

    Money Trickles North as Mexicans Help Relatives – … a startling new phenomenon has been detected: instead of receiving remittances from relatives in the richest country on earth, some down-and-out Mexican families are scraping together what they can to support their unemployed loved ones in the United States. … [...]

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Tags: Mortgage Market

Modification divisions hiring binge; Why all the investor updates during a holiday week?

November 24th, 2009 · No Comments

modification-divisions-hiring-binge-why-all-the-investor-updates-during-a-holiday-week

 

 

In her new book, “Going Rogue,” Sarah Palin says she doesn’t like vegetarians. Palin says all vegetarians should go back to Vegetaria, where they came from.

Unlike Conan O’Brien, from whom that line came from, many investor bulletins are not concise. And I may have seen more releases from top investors of greater length, but I [...]

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Tags: Commentary · Mortgage Market · Rob Chrisman

Economy and Forecasting: Bernanke, Plosser, U6 Unemployment, Velocity of Money, Zero Rates, Depression or Not?

November 23rd, 2009 · No Comments

     and Speech – On the Outlook for the Economy and Policy – Chairman Ben S. Bernanke – At the Economic Club of New York, New York, New York – FRB Board andBernanke hints low-rate period may get even longer – Bloomberg – Federal Reserve chairman Ben [...]

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Tags: Mortgage Market