Regulatory uncertainty, toxic environment drive Wells Fargo, Prospect out of MSAs

Trending Thursday: Is the job description “financial press” or “palace guard?”

From the Fed to FannieGate, plus the impact of banking regulations and more

Question remains: When will interest rates start rising?

3 different expert predictions
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Investments / The Ticker

MBS rises due to strong economic data

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December Durable Orders rose 4.6% from November, above the consensus of 2.0%.

Excluding volatile aircraft orders, they increased 1.3%, compared to a consensus of just 0.7%.

Bonds sold off after the news, with 10-yr Treasury yields reaching 2.0% for the first time since April.

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