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Mortgages 28 bps Away From Being Safer Than Treasurys

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 14 Sep 12 7:44 PM | 28 view(s)
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Submitted by Tyler Durden on 09/14/2012 - 10:11

undefinedThe open-ended awesomeness of Bernanke's bluster has crushed the spread between mortgages and Treasuries. While the spread had been tumbling in anticipation of Ben's great save, the move from yesterday's announcement is stunning as the already record-low levels have been halved leaving mortgages now under 28bps from being 'as safe as Treasuries'.

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and now at record-er lows..

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http://www.zerohedge.com/news/mortgages-28-bps-away-being-safer-treasurys




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