MBS LUNCH: Cue The Friday PM Syndrome
The week has been volatile and mostly down. Boo! But it could just as well have been any other week by the time it encountered it's familiar friend otherwise known as Friday PM hours… Yes, you've heard it before, and MBS Gods know we've written it before, but if it walks like a duck… If you haven't already drawn your own conclusions about this afternoon (perhaps even before knowing what prices are doing?)_here's what we mean. As volume, liquidity, and volatility dry up (no…(read more)
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