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Podcast: Lykken on Lending
Episode: "Don't Speak" About Togetherness - Macro Market Update by Les Parker
Description: 05-19-2025 "Don't Speak" About Togetherness----------------------Treasuries. We used to be together. Mortgages together, alwaysThe trends for 30-year MBSs, the 10-year & 5-year futures are bullish. Meanwhile, the 30-year and 10-year Treasuries are bearish.To see 3.60 in the 10-year yield by June 30 has less than a 5% chance. Nevertheless, Don’t Speak about the budget drama. It will end with a positive outcome, leading to a significant decline in rates by the end of September.It's all ending. Bears gotta stop pretending who they are.These views ar...