Mortgage Bonds Rally late in the day

Impressive comeback with the close above the 25-Day Moving Average. MARKET WRAP: Mortgage Bonds opened sharply lower this morning as investors moved into more riskier asset classes but as the trading day unfolded they were able to push higher but still closed in negative territory. The 4% coupon ended at 99.50 down 12bp but aContinue reading “Mortgage Bonds Rally late in the day”

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