The Ticker
MBS rises due to strong economic data
1/28/13 2:02pm
December Durable Orders rose 4.6% from November, above the consensus of 2.0%.
Excluding volatile aircraft orders, they increased 1.3%, compared to a consensus of just 0.7%.
Bonds sold off after the news, with 10-yr Treasury yields reaching 2.0% for the first time since April.
