Rising bond prices (premium) are spooking some investors as global bond yields plummet. The fear of a global slowdown/recession is spawning interest in alternative investments.
As the 10-year Treasury yield drops, the duration of US Treasuries rises. On the other hand, the duration of Agency MBS is falling.
And with national home price growth declining to the lowest rate since the beginning of The Fed’s QE3, where do we put our money?