morning market update: Morning Market Update
- 03/13/12 02:16 AM
Morning Market Update Indy and Peyton Manning decided to part ways yesterday. This marks the first time in NFL history that a team released its entire team in one day. Mortgages continue to feel heavy this morning after weaker-than-expected weekly claims. The number of new workers filing for unemployment benefits climbed to 362k versus the consensus estimate of 352k. After topping out at 103-24 yesterday morning, FNMA 3.5s traded down to 103-17 on origination volumes of about 2.5 billion. With prepayments speeds coming in higher than expected a few days ago, the MBS roll markets are getting hit. For you, that … (0 comments)
Morning Market Update Indy and Peyton Manning decided to part ways yesterday. This marks the first time in NFL history that a team released its entire team in one day.
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