Processing, Bridge Loan, Non-QM Products; News and Oil Prices Point to a Fed Hold; "Tip to Tail" Wave
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Stronger Start as Markets Hope For De-Escalation
With no massive escalation in Iran over the weekend, oil prices trickled only modestly higher during Asian trading hours and began to recover during European hours. Early domestic trading kept the friendly trend intact with some help from Trump comments that suggested a limited timeline for the war.
Treasury yields may still be headed higher
Treasury yields look oversold after a rough week, but technical patterns still point to a broader uptrend that could push the 5- and 10-year closer to 5%, according to the head of correspondent business development at AD Mortgage.
Pamela Heman
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