MBS SPECIAL: Fed Throws A Tasty Curve Ball

By: Matthew Graham • Tue, Dec 16 2008, 2:25 PM

Fed provides a RANGE of Fed Funds Target Rate from 0-25%.

They also specifically mentioned MBS.

results is 5.0's are improved half a point to 102-05

and 4.5's are up 10 to 101-05.