ARCHIVED BLOG POSTS
Mortgage backed securities (MBS) closed up 25 basis points today at 104.50 having sustained yesterday's gains and solidified their position above the 100 days moving average. This was a strong day indeed for a strengthened 4.0% coupon bond that marked it best close since June. Although a nice m...
Mortgage backed securities (MBS) closed up 22 basis points today at 102.81 having soared during the day above the 50 day moving average prior up to 103.40 prior to selling off during the day. News that firebrand former Harvard president Larry Summers had withdrawn from contention to be the next...