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Bond Markets React to Headlines
Posted to: Micro News
Tuesday, March 18, 2014 11:14 AM
Headlines out of Ukraine indicating "shots fired" and "Ukrainian officer injured" have moved MBS to highs of the day. Currently, the 4.0 FNMA coupon is at 104-11, up 4 ticks from where many lenders issued rate sheets. Still early to expect any reprices better but not totally out of the question.
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