Home › Forums › Housing › California Municipal Bonds › hmm… the bond insurers go
hmm… the bond insurers go under, investors pull out of bonds that have become too risky for their standards. prices go down, yield goes up…
what happens to the bond market and mortgage rates as a whole? is this the start of the upward climb in rates? despite the fed?
if the central banks continue cutting rates and libor continues down, will ARM’s be better than fixed?
