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MBS RECAP: Unswayed by Fed, Bonds Punt For 3rd Straight Day

(Mortgage News Daily) - 10 months, 3 weeks ago
 Posted To: MBS CommentaryWe'll give Friday a pass because it was technically still part of the 2-day correction leading back from the 4-year highs in the 10yr Treasury yield seen last Wednesday, even though Thursday definitely did the heavy lifting. Each of the days this week are less debatable. They've been duds--no meaningful movement and no major challenges for established floors/ceilings. Today was one of our best chances to see that change, but alas! The day began with good potent...
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