No matter how long the winter, spring is sure to follow. Proverb. This winter certainly has been a long one for much of the nation, with many hoping spring makes a quick arrival. As temperatures slowly begin to thaw, recent economic reports reflect an economy in bloom. Typically, good economic news benefits Stocks at the expense of Bonds, as investors try to take advantage of gains. However, fears of an economic slowdown in China and tensions in the Ukraine helped Mortgage Bonds improve due to safe haven trading. And as home loan rates are tied to Mortgage Bonds, this was good news for rates as well.
Posted on: Mon, 17 Mar 2014 13:38:23 +0000
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