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First Move is Lower After NFP
Posted to: Micro News
Friday, December 06, 2013 8:33 AM
Payrolls came in at 203k vs 180k forecast. Bond markets are selling off. Fannie 4.0s are down 7 ticks at 99-17 and 10yr yields popped up to 2.92 in the first few moments after the release. More to follow.
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