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MBS RECAP: Bonds End Weaker as Stocks Threaten a Breakout

(Mortgage News Daily) - 1 weeks, 6 days ago
 Posted To: MBS CommentaryIt's hard to fault the bond market for any trading over the past several days. The data and the movement in other markets have both suggested bond market weakness fairly clearly. Despite that, the weakness has been reasonably well contained. For example, 2.75% in 10yr yields has been our best case ceiling --one we began to discuss on the initial bounce last Friday. As of this afternoon, 10yr yields closed at 2.746%. All that having been said, being this close to 2.7...
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