Posted To: MBS Commentary The “flatness” of MBS prices is simply uncanny considering that Fannie 3.5′s are currently right at their highest levels since late September, and considering the volatility earlier in the week. While it’s true that the volatility was definitely expected ahead of the FOMC announcement, the extent to which it has subsided has been nothing short of astonishing. Now..
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MBS Trade Calmly Near Multi Month Highs
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