2011-12-13mortgagenewsdaily.com

"Today's impressive 10yr Treasury Note Auction was the key component in a rally that has taken 10yr yields from one side of their recent range to the other in a matter of hours. The essentially unchanged FOMC Statement was like the 3rd base coach waving in runners (MBS and longer-dated Treasuries) who already had an easy standing triple after the auction. "



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