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First Move is Weaker Following 10am Data
Posted to: Micro News
Thursday, September 19, 2013 10:03 AM
Fannie 4.0s are down a quick 2 ticks, now 5 on the day to 103-31+ and 10's are up to 2.73 after stronger than expected data from both Philly Fed and Existing Sales. Looks like there's already some indecision about continuing with the selling trend so it's too soon to tell if it will follow through.
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