Sharp activity has emerged in the mortgage market with rates at a pivotal point and Blackstone Mortgage Trust, Inc.'s (NYSE: BXMT ) month-over-month performance quantifies that fact. Yet, we think talking points remain abundant as certain dislocations between the vehicle's market value and fundamentalPearl Gray is a proprietary investment fund and independent market research firm specialising in systematic analysis.Our work on SA primarily covers: Bonds, Investment Funds, REITs, with an occasional drift.Pri ...