Market Analysis

US Treasurys are down in price up slightly in yield but mortgage-backed securities (MBS) issued by Fannie Mae and Freddie Mac are relatively flat, with a slight negative bias in midday trading after also opening lower.  No economic reports in the US were released today.  In Europe results of the stress-tests on their major banks showed most banks passing the tests although questions still remain about the quality of assets used in calculating their capital ratios.

Posted by Matthew Breston on July 23rd, 2010 1:35 PMPost a Comment (0)

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