Movie star Sylvester Stallone is aiming for a blockbuster sale in Beverly Park, listing his 21,000-square-foot mansion for $110 million.
Debt, Savings, Career
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Posted To: MBS Commentary
Strong Move in Treasuries But MBS Underperform (Significantly) While much of the world of finance and institutional investment seemed to be preoccupied with day trading some truly epic ridiculousness via Game Stop, the bond market was doing a few interesting things of its own. Treasuries jumped out to an early lead with help from Europe, but several big trades helped yields move even lower after the 10yr broke an important floor at 1.075%. MBS had a completely different day with a significant amount of underperformance during and after the Fed's final buying operation of the day. At 4pm, UMBS 1.5 coupons were roughly unchanged on the day while 10yr Treasuries were nearly 5bps lower in yield! Econ Data / Events 20min of Fed 30yr UMBS Buying 10am, 1130am (M-F) and 1pm (T-Th) Market Movement...(read more)Deciding to leave the home you own might be difficult given the precious memories you’ve made within its walls. But the process of selling it can be downright taxing, especially when the real estate market is unpredictable. Your asking price, … Continue reading →
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