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Consumer Confidence Beats, Bonds Holding Steady
Posted to: Micro News
Tuesday, January 28, 2014 10:31 AM
Consumer confidence beats expectations printing at 80.1 versus 78.1. Despite the better than expected data, bond market had very little to no reaction. Fannie Mae 4.0 coupon continues to hold at 104-09, up 2 ticks on the day.
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