The Fed Is Killing MBS Market Spreads, Taylor Rule Rudebusch Suggests Fed Funds Target Rate Of 3.25% (It Is 0.25%), Ethereum UP 330% Since Jan 1st
by confoundedinterest17 This reminds me of Roberta Flack’s song “Killing Me Softly.” Except it is The Federal Reserve killing the MBS market spreads. And not softly, either Mortgages ended April with one popular valuation metric at its tightest spread since September of 2012, …
