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Mortgage Rates Essentially Flat Just Under 5 Month Highs

Mortgage Rates Essentially Flat Just Under 5 Month Highs

Boring Monday Keeps The Focus on Next Week Monday may as well have been a 3rd weekend day as far as the bond market is concerned.  While equities are preoccupied with earnings, bonds were trading at about HALF their normal clip based on the past 2 weeks of average volume.  There were no relevant economic releases and really not even any interesting market moving headlines.  Buyers pushed back against modest overnight weakness in the AM hours and then drifted mostly sideways in the PM hours.  Days like this only intensify the focus on next week's important slate of events which include a Treasury refunding announcement, Fed announcemen
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