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Bearish typical refers to something that pushes down prices.

Bearish is the opposite of bullish.

When we use the word “bearish” with respect to mortgage rates on RateSpy, it means something that could exert downward pressure on mortgage rates over some period of time in the future.

This is different from how interest rate traders use the term. When someone says bonds are looking bearish, it implies they think interest rates will rise, since bond prices and bond rates always move in opposite directions.

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