71. Mortgage bonds gained less than U.S. Treasury notes as falling yields inched homeowners closer to refinancing the underlying loans. 72. Mortgage bonds lagged Treasuries amid concern lower yields will entice homeowners to refinance the mortgages underlying the securities. 73. Mortgage bonds lagged Treasuries for a second day as declining rates aggravated concern that refinancings will accelerate in summer. 74. Mortgage bonds lagged U.S. Treasury notes, which posted their biggest gain in almost three months, widening the yield difference between the two securities. 75. Mortgage bonds lost less than U.S. Treasury notes for the first time in four days as rising interest rates doused concern that homeowners will soon rush to refinance. 76. Mortgage bonds matched the gains of Treasuries amid expectations that rates are high enough to prevent many homeowners from prepaying the underlying loans. 77. Mortgage bonds outpaced U.S. Treasury notes amid speculation higher yields will push homeowners yet another step away from refinancing the underlying loans. 78. Mortgage bonds outperformed Treasuries as interest rates rose, easing concern homeowners will prepay the loans that back mortgage securities. 79. Mortgage bonds outperformed U.S. Treasury notes as investors speculated that higher interest rates will deter homeowners from prepaying the underlying loans. 80. Mortgage bonds priced below face value kept pace with gains in benchmark Treasury securities. |
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