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FN30 _______________________________ FN 4.0 -------->>>> -0-04 to 100-14 from 100-18 FN 4.5 -------->>>> -0-03 to 102-02 from 102-05 FN 5.0 -------->>>> - 0-02 to 103-04 from 103-06 FN 5.5 -------->>>> -0-01 to 103-24 from 103-25 FN 6.0 -------->>>>...
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While more risk averse fixed income securities received a continued flight to safety bid today, the MBS coupon stack was subjected to an influx of available supply due to originator's decisions to sell sell sell. Mortgages were outperformed by Treasuries, Agency Debt, and Swaps as market participants...