U.S. Mortgage-Bond Trading Plunges as Higher Rates Cut Into Sales

Bloomberg, Jan. 12, 2023–Scott Carpenter (subscription)
U.S. mortgage bond trading activity plunged in 2022 as new mortgage lending volume dropped and banks cut back on buying, a trend that’s likely to continue this year if mortgage rates stay relatively high.
https://www.bloomberg.com/news/articles/2023-01-12/us-mortgage-bond-trading-plunges-as-higher-rates-cut-into-sales