Mortgage Bonds are trading higher as Stock prices continue to come - TopicsExpress

Mortgage Bonds are trading higher as Stock prices continue to come under pressure, this time on disappointing earnings from IBM. There are no economic reports due for release today and the rest of the week’s calendar is on the light side with a few housing reports, CPI and the usual jobless claims numbers. With Stock prices trading lower, I will continue to recommend floating. However, in this volatile trading environment, sentiment can quickly reverse. If anything changes, I will get back to you. Have a great week!

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