A WORD FROM THE BOND PITS: MBS opened lower, but rallied after - TopicsExpress



          

A WORD FROM THE BOND PITS: MBS opened lower, but rallied after some dovish comments from Fed members. Volumes rise. CLOSING TECHNICAL SIGNAL: Cautiously Floating headed into tomorrow. MARKET WRAP: Mortgage Bonds bounced off their lows today, but closed below the positive line. The 3.5% coupon closed at 100.12 down 31bp after being down 119bp earlier in the session. The 3% closed down 31bp to 96.44. Stocks also experi
Posted on: Mon, 24 Jun 2013 23:12:45 +0000

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