In this week’s webcast: an extension of the Bank of England’s funding for lending program could reduce UK RMBS volume, and US RMBS could be hit by reset of variable rates.
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By
John Hintze
Bond-market doubts grow over gridlock as cure for deficit angst
A split Congress has often been a bullish recipe for Treasuries. Benchmark 10-year yields have been lower on average one and 12 months after midterms that produced such a result.
Fed meeting focus turns to Warsh messaging with December in mind
It's the same task the Fed chairman fumbled in July, when investors took a rate hold in stride but balked at Warsh's unwillingness to signal borrowing costs might need to move higher.
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