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Extern Mortgage News Daily – MBS Commentary

Nothing Else Happened After Initial Selling

Nothing Else Happened After Initial Selling The typical early close for the bond market is 2pm ET. This is usually reserved for a holiday-adjacent day such as Christmas Eve or the day after Thanksgiving. Good Friday is unique. On years where it DOES NOT coincide with a jobs report, it’s fully closed. Otherwise, it’s open for a partial day, but only until noon ET instead of 2pm. That didn’t leave much time for anythin…

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