News Sources wrote an interesting post today on
Here’s a quick excerpt
Prices of treasury coupon securities are finishing, on balance, with small gains as the market erases some of the losses and some of the curve steepening experience of yesterday. The market opened with a firm tone but quickly faded as real money mortgage sellers emerged and with that some paying in the belly of the swap curve. The stronger than expected claims number added to the gloomy mood. The market reversed as the Open Market Desk bought back bonds in the belly as well as MBS. I would
Share and Enjoy:
Read the rest of this great post here
Entries (RSS)