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Bullish typical refers to something that pushes up prices.
Bullish is the opposite of bearish.
When we use the word “bullish” with respect to mortgage rates on RateSpy, it means something that could exert upward 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 bullish, it implies they think interest rates will fall, since bond prices and bond rates always move in opposite directions.
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