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Mortgage-Bond Auction Failures Reach Most in 2013 as Prices Drop

By Patrick (223/223 = 100% civil)   2013 Jun 23, 8:41am   ↑ like   ↓ dislike   533 views   0 comments   watch (0)   share   quote  

http://www.bloomberg.com/news/2013-06-18/mortgage-bond-auction-failures-reach-most-in-2013-as-prices-drop.html

New York-based brokerage Brean Capital LLC, said today in a telephone interview. Potential buyers are being much more opportunistic, while some sellers are trying to execute at yesterdays levels. Others are seeking bids simply to gauge current prices, he said.

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