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Bill Bodnar of MMG: China, the Biggest Story to Follow

Monday, Nov 11 2019
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Bill Bodnar of the Mortgage Market Guide focuses on the U.S.-China relationship and its far-reaching implications. Earlier in the year, developments were a tailwind to the bond market, supportive of lower rates, he notes. Now, it’s a complete role reversal.

!--more-->This lift of the tariffs is bad news for the bond markets. This trend to higher rates in the near-term is not our friend.

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