Market Update February 17

February 17, 2009 by · Leave a Comment 

Tue, Feb 17 – 5:00 PM ET – Florida Mortgage Market Wrap: The bond market benefited from ‘flight to safety’ buying as investors fled the stock market. The bond rally lifted our benchmark 4.5% FNMA bond 50bp higher for a close at $101.12. Treasury issues also fared well. A $31 billion auction of 3-month bills [...]