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Reprice Risk Wanes as Bonds Bounce Back
Posted to: Micro News
Wednesday, August 21, 2013 10:40 AM
The Existing-Home-Sales-related selling was fairly short-lived and 10's just made it back to the 2.84 range boundary. Fannie 4.0s are back up to 102-16 after being quoted as low as 102-10 in the wake of the EHS data. This recovery greatly mitigates any negative reprice risk.
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