Mortgage Sector Is on Its Longest Winning Streak Since the End of 2017

Bloomberg, Dec. 2, 2019–Christopher Maloney
The outperformance of mortgage-backed securities versus U.S. Treasuries has extended for a third straight month into November, buoyed in part by a decline in volatility. It’s now the longest run of consecutive monthly outperformance since the September through December period of 2017.