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MBS RECAP: Treasuries Relieved After Auction; Bonds Benefit From European close

March 12, 2015

 

German Bunds dropped to yet another new all-time lowtoday, hitting 0.193 at one point.  The Euro plummeted and stocks sold modestly.  All of the above helped bond markets find their footing heading into the domestic hours.  From there, MBS held fairly steady.... Read More

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