by Calculated Risk on 6/13/2022 03:21:00 PM
From Matthew Graham at MortgageNewsDaily: MBS Live Morning: From Bad to Worse as CPI Reaction Continues
Long story short, the market is freaked out about what Friday means for the policy outlook. Wednesday continues to be one of the biggest flashpoints for bond volatility we’ve seen in a long time.
This is a graph from Mortgage News Daily (MND) showing 30-year fixed rates from three sources (MND, MBA, Freddie Mac) over the last year.