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MBS recap: record low rates set the stage for record prepayments and supply

Mortgage spreads moved wider over the past week as Treasurys held lower and volatility increased. Fannie Mae 30-year 6s weakened six basis points and 6.5s through 7.5s moved out about 13 basis points. 15s showed similar performance with 5.5s wider by seven basis points, and 6s through 7s out...

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