``he market for housing debt bore him out as mortgage-bond yields tumbled to unprecedented lows, signaling home-loan rates may fall to new records.

Yields on Fannie Mae-guaranteed mortgage bonds trading closest to face value declined 18 basis points to 2.18 percent as of 3:05 p.m. in New York, according to data compiled by Bloomberg. The gap with an average of five- and 10-year Treasury rates narrowed 16 basis points to about 98 basis points, or the lowest since 1992. ''

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