In this week’s episode of Master the Markets, Bill Bodnar unpacks why mortgage rates dropped even though the Fed didn’t cut rates. The spotlight is on the Fed’s decision to slow the pace of its balance sheet reduction—what does that signal for markets and mortgage-backed securities?
Bill also previews a loaded week ahead: key Treasury auctions, fresh commentary from Fed speakers, and the release of the Core PCE—arguably the Fed’s most-watched inflation gauge. What should originators be watching for? Bill breaks it all down
