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Extern Mortgage News Daily – MBS Commentary

Bonds Continued Drifting Weaker Throughout The Day (10yr Hit 4.6%)

Bonds Continued Drifting Weaker Throughout The Day Nothing new or interesting happened during the course of the trading day. The key market movers were in place at the start of domestic trading. From an analytical standpoint, the morning commentary adequately recaps the day’s bond market motivations. Yields continued drifting higher throughout the session as investors pulled out of both sides of the market in protest…

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