This is due to prepayment risk due to refinancing. If someone pays off their balance when they refinance then the income of that security goes to 0 for income. Book values may rise due to Fed buying but with lower rates everyone is feared to refinance. If someone is buying something you make money on could it drive prices up for what you need to replace what is not earning anymore?
Silver and gold are stable; they have taken a rest for a while from the fast rise in September. Obama would want oil down while Romney wants higher oil. The Republicans would like to see America financially collapse while Obama is in power and they have tried hard to hurt our economy in the last years. I believe Oil will significantly go down. Metals will go up in the long term.
Silver and gold are stable; they have taken a rest for a while from the fast rise in September. Obama would want oil down while Romney wants higher oil. The Republicans would like to see America financially collapse while Obama is in power and they have tried hard to hurt our economy in the last years. I believe Oil will significantly go down. Metals will go up in the long term.
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