05-05-2025 "I Can't Tell You Why" Margins Fell Apart

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Look at the markets, up all night

Tearing our loans apart.

Market chaos rips margins. Most hedgers can’t tell their superiors why the margins fell apart, forcing them to manage budgets dangerously.

Buyers bought 4.44 in the 10-year yield, leading to a bear trap and reviving the Bulls. Look for a sub-4% in the 10-year yield as it gains momentum. So, our 10-year yield target of 3.60 is back.

Every time, hedgers go sideways.

Something makes them change the way they trade.

Yet, they can’t tell you why

These views are mine. You can know why at TMSpotlight.com.

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Song: I Can’t Tell You Why (1979) Eagles