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2008
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MBS prices are up +16/32 (FNMA 30-yr 5.5 at 99.91), above the initial morning price level at +13/32. Both favorable and later unfavorable repricing was seen. MBS markets traded as low as +8/32 and as high as +21/32. Progress on the rescue plan remained the focus of investors. The Senate will vote...
10/01/2008
