The Ticker
Mortgage-backed securities hit lows following 'fiscal cliff' headlines
12/31/12 1:23pm
With Japanese markets closed, overnight trading activity was light.
10-year Treasuries began the European hours in slightly weaker Territory than Friday's worst levels, but improved into the domestic open.
This helped mortgage-backed securities come in the door right in the middle of Friday's range, but bond markets sold-off moderately on a series of Fiscal Cliff headlines.
