{"id":606519,"date":"2009-11-24T16:04:32","date_gmt":"2009-11-24T21:04:32","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2009\/11\/24\/yields-and-rates-ms-rate-prediction-delong-on-t10-year-bills-yield-zero-mbs-spreads-widen\/"},"modified":"2009-11-24T16:04:32","modified_gmt":"2009-11-24T21:04:32","slug":"yields-and-rates-ms-rate-prediction-delong-on-t10-year-bills-yield-zero-mbs-spreads-widen","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/606519","title":{"rendered":"Yields and Rates: MS Rate Prediction, DeLong on T10 Year, Bills Yield Zero, MBS Spreads Widen"},"content":{"rendered":"<p><a href=\"http:\/\/billcoppedge.com\/\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"Bill-Coppedge\" src=\"https:\/\/i0.wp.com\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/Bill-Coppedge35.jpg?resize=87%2C128\" width=\"87\" height=\"128\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"original content selection by MortgageNewsClips.com\" src=\"https:\/\/i0.wp.com\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/original-content-selection-by-MortgageNewsClips.com35.jpg?resize=296%2C62\" width=\"296\" height=\"62\"><\/a> <\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/credit-writedowns1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"credit-writedowns\" src=\"https:\/\/i0.wp.com\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/credit-writedowns_thumb1.png?resize=181%2C50\" width=\"181\" height=\"50\"><\/a> <\/p>\n<p><strong>Morgan Stanley expects 10-year yields to rise 220 bps in 2010 &#8211;<\/strong> Posted by Edward Harrison &#8211; &#8230; Realistically, if rates spike to 5.5%, it would be a blood bath for insurers, and probably for pension funds (and hence municipalities as well). <strong>Mortgage rates would skyrocket and this would stop any housing recovery dead in its tracks<\/strong>. That sounds like double dip and depression to me; this is not an early 1990s economic environment.&nbsp;&nbsp; Ironically, 5.5% rates would sow the seeds of future 3.3% rates or lower. &#8230; &#8211; <br \/><a href=\"http:\/\/www.creditwritedowns.com\/2009\/11\/morgan-stanley-expects-10-year-yields-to-rise-220-bps-in-2010.html\">Credit Writedowns<\/a>&nbsp;<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/brad-delong-blog.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"brad-delong-blog\" src=\"https:\/\/i0.wp.com\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/brad-delong-blog_thumb.png?resize=456%2C28\" width=\"456\" height=\"28\"><\/a> <\/p>\n<p><strong>What the U.S. Long Bond Market Is Telling Us&#8230;<\/strong> <strong>&#8211; Brad DeLong summarizes Krugman on UST 10 year rates and comes to this conclusion of risks &#8211;<\/strong> &#8230; Bear in mind that this whole story requires that the demand curve slope the wrong way for a while&#8211;that if the prices for Treasury bonds fall carry traders lose their shirts and exit the market, and so a small fall in Treasury bond prices turns into a crash until someone else steps in to hold the stock&#8230; &#8211; <a href=\"http:\/\/delong.typepad.com\/sdj\/2009\/11\/what-the-us-long-bond-market-is-telling-us.html\">J. Bradford DeLong Blog<\/a>&nbsp; <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/bloomberg15.gif\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"bloomberg\" src=\"https:\/\/i0.wp.com\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/bloomberg_thumb15.gif?resize=195%2C43\" width=\"195\" height=\"43\"><\/a> <\/p>\n<p><strong>Bills Yielding Zero as Stocks Soar Make Bernanke\u2019s 1938 Moment &#8211;<\/strong> by Liz Capo McCormick and Daniel Kruger &#8211; &#8230; <strong>more on zero rates and appreciating stocks &#8211; lots of quotes<\/strong> &#8211; <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601068&amp;sid=aAjR8KG.EWCA\">Bloomberg<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/hw111.gif\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"hw1\" src=\"https:\/\/i0.wp.com\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/hw1_thumb11.gif?resize=244%2C32\" width=\"244\" height=\"32\"><\/a> <\/p>\n<p><strong>MBS Spreads to Widen, Rates to Rise in 2010: Smith Breeden<\/strong> &#8211; By DIANA GOLOBAY &#8211; Although demand should keep asset-backed securities (ABS) spreads tight into Q110, <strong>wider spreads in mortgage-backed securities (MBS) will follow the Federal Reserve\u2019s exit of a major MBS purchase program in 2010,<\/strong> according to bi-monthly commentary by global asset management firm Smith Breeden Associates. &#8230; &#8211; <a href=\"http:\/\/www.housingwire.com\/2009\/11\/23\/mbs-spreads-to-widen-rates-to-rise-in-2010-smith-breeden\/\">HousingWire<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=f3xhaVcAHIE:CSdWI05uCRI:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=f3xhaVcAHIE:CSdWI05uCRI:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=f3xhaVcAHIE:CSdWI05uCRI:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=f3xhaVcAHIE:CSdWI05uCRI:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=f3xhaVcAHIE:CSdWI05uCRI:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=f3xhaVcAHIE:CSdWI05uCRI:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=f3xhaVcAHIE:CSdWI05uCRI:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/f3xhaVcAHIE\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Morgan Stanley expects 10-year yields to rise 220 bps in 2010 &#8211; Posted by Edward Harrison &#8211; &#8230; Realistically, if rates spike to 5.5%, it would be a blood bath for insurers, and probably for pension funds (and hence municipalities as well). Mortgage rates would skyrocket and this would stop any housing recovery dead [&hellip;]<\/p>\n","protected":false},"author":288,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-606519","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2xMz","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/606519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=606519"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/606519\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=606519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=606519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=606519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}