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MBS roundup: Profit-taking picks up, but spread outlook remains attractive

Last week's mortgage activity saw increased profit-taking following the previous week's strong tightening. Originator selling remained light with the exception of Wednesday's session that saw $3 billion. In addition, the sector was impacted by a flight-to-quality into Treasurys on terrorism attack concerns. As a result of the flight-to-quality, further...

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