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MBS RECAP: Exactly What We Were Hoping NOT to See

May 1, 2015

 

Today wasn't necessarily a worst-case-scenario for bond markets, but it was reading from the same script.  It's the version of the story where the economic data is weaker than expected, but where bonds sold off anyway.  From yesterdays close of 101-28, Fannie 3.0s.... Read More

 

 

 

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