Today after the MBS trading session there was negative 34 basis point adjustment to the closing price.  The adjustment was due to what is called the monthly coupon rollover.  Each month the current month's coupon is terminated and all new loans go into the next month's coupon.  The negative adjustment has no affectt on charting and does not affect relationships with the moving average.

 
Posted by Jeff Jensen on 03/09/2010 05:03 PM   Comments (0)   Market Activity in the ActiveRain Channel  
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