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Podcast: Lykken on Lending
Episode: Bond "Barracuda" - TMSpotlight by Les Parker
Description: 06-17-2024 Bond "Barracuda"------------------Bears, this is the end; Bulls rise up again - to reignThey had to take the trend away.Bond barracuda kept the Fed in line, resulting in a new bull market.Long-term, look for the 10-year yield to stay below 5% and mortgage rates below 7.75. Imagine a sub-6% 30-year mortgage rate by yearend and the 10-yield falling below 3.50. Global political and financial uncertainty continues to pressure the Fed to keep the system liquid. This outlook is:Inf...