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Mortgage bonds started the day off a bit to the downside putting a little pressure on rates

July 20, 2014

 

Mortgage bonds started the day off a bit to the downside putting a little pressure on rates. The sell off continued after the poor 10 year treasury auction. Bonds finally mounted a really and pared their looses after the Fed minutes which revealed members are split on the decision on when to hike rates.

 

 

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