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  • MBS MORNING: Classic Buy Rumor Sell News

    The yield curve steadily steepened overnight as market participants took defensive positions and consolidated profits ahead of the Goldman earnings release. Since yesterday afternoon, 2s. vs. 10s have increased 10bps to 251bps as money jammed into the front end of the yield curve, pushing the 10 yr note...
    Posted to MBS Commentary (Weblog) by Adam Quinones on Tue, Jul 14 2009
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