Posted To: MBS CommentaryWe’ve talked a fair amount about the balance between fundamental and technical analysis recently. These are the two main schools of thought when it comes to understanding and predicting market movement. Fundamentals are the things that are happening out in the world that should likely have an impact on markets (econ data, covid numbers, Fed policy, etc.). Technicals are the trendlines and equations applied to market movement regardless of fundamentals. With questions rising (or at least not going away) about our nation’s ability to control the spread of coronavirus, millions of people still out of work, and significant bond market support from the Federal Reserve, it makes fundamental sense to see bond yields in a low volatility downtrend. Given that there’s a chance that covid…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.