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Mish's Global Economic Trend Analysis: Mortgage Market Locks Up

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Financial blog on news and global macroeconomic themes regarding the world economy. The blog7quot;s primary focus pertains to inflation, deflation, and hyperinflation, especially currencies, gold, silver, crude, oil, energy and precious metals. Other macro discussion topics include interest rates, China, commodities, the US dollar, Euro, Yuan, Yen, stagflation, emerging markets, politics, Congressional and statewide policy decisions that affect the US and global markets.

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Mortgage Market Locks Up

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Yesterday 10 year treasury yields went soaring and the mortgage market literally seized up. Mark Hanson at the Field Check Group has this r...

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