If this is action to get ahead of when the 30 year goes negative then be ready for multiple days of selling, you simply can't get around it. The market is not going to go higher as long as rates are going lower.
There is an understanding that we should not pay any attention to positive news like the giant increase in refis. We should not think about how homes have suddenly gotten affordable again.
It is like there is no reprieve whatsoever.
But let me ask you a question. Would the American consumer be better off with lower rates or higher rates?
Always worth asking.
Random musings - looking forward to the club call momentarily!