Ups and downs for US RMBS

Ups and downs for US RMBS

Category: RMBS Secondary markets


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The primary focus in the US RMBS market yesterday was on the possible tapering of QE, given Fed chairman Ben Bernanke's scheduled testimony to Congress. The implication that QE will remain in place until year-end has given further impetus to the rally in risk assets, but sparked heavy selling in fixed-rate agency RMBS.

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