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fixed income funds

Home > Posts > Tag: fixed income funds

This has been one of the more dramatic down drafts we’ve seen in some time, reminding us of just how powerful and heartless the market can be

As we head into the last half hour of trading, price action has been a one-way affair and looking to close at the worst levels of the day. Mortgage backs are now off over 1 point as the 10 year note trades a 3.85% yield (down 43/32’s). Just for good measure, the 30 year bond is off over 3 points. This has been one of the more dramatic down drafts we’ve seen in some time, reminding us of just how powerful and heartless the market can be.

2010-03-25T09:58:05-05:00March 25, 2010|Austin Mortgage Market|