MBS

April 30th, 2014 11:48 am | by John Jansen |

Up in coupon is the mantra today. One trader observed that from 3 percent to 5 percent every 50 basis points in coupon makes the issue a + better on the day. So 3s are unchanged and 5s are 2+ better. In the 15 year sector the same phenomenon  has also occurred.

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