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  • MBS ALERT: Reprices for Worse Likely

    The FN 4.5 has fallen to an intraday low of 99-08...10/32 (10 ticks) below the price levels at which lenders published rate sheets this morning. This will likely lead to reprices for the worse. WHY? Snowball Selling. READ MORE
    Posted to MBS Commentary (Weblog) by Adam Quinones on Wed, Jul 15 2009
  • MBS ALERT: Benchmarks Lead Us Lower

    Rate sheet influential MBS have been jolted from their recent range by higher stock indices and a rise in benchmark yields. The S&P is at an intraday high of 897 and the benchmark 10 yr TSY note yield has risen to 3.34%. Consequently, the FN 4.5 has fallen to 100-10 from 100-17, which would be enough...
    Posted to MBS Commentary (Weblog) by Adam Quinones on Mon, Jul 13 2009
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