Posted on Wednesday, 14th October 2009 by chrisjones

Markets: We’re down 12bps (.12%) on the day on the FNMA 4.5% bond, which is the benchmark for interest rates at the moment.  That’s down about 100bps (1%) from its high of last Thursday.  It is, however, a good bit higher than it was earlier today, so we’re seeing a sort of rally into the [...]

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