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October 21, 2011

Fundamentals 10/21

October 21, 2011

Fundamentals 10/21

There are no fundamantals today. Equities are up and Treasury prices down (higher yields) based on hope that some sort of agreement on Eurozone debt will be reached by the middle of next week. But mortgages and Treasuries are diverging this morning, because mortgages are up, which helps rates.