Record New Lows Coming for Long-Term Rates?

It’s taken the Bond futures a couple of months to eat through the overhang created when Treasurys spiked wildly on October 15, but they now appear poised for a shot at new record highs. If so, long-term rates are about to test the lows of 2012, with unpredictable effects on a mortgage market that may already have peaked.  Check out the March T-Bond tout and the chart that accompanies it for a precise rally target.  Click here for a free two-week trial to Rick’s Picks if you don’t subscribe and would like a free peek.