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Published on 4/20/2009 in the Prospect News Agency Daily.

Agency spreads widen 2 bps after last week's gains

By Lisa Kerner

Charlotte, N.C., April 20 - Agency spreads ended the day "maybe a little wider at 2 basis points," a source said on Monday.

The widening may have been "just a correction" to last week's tightening, according to the source who added that there was "no volatility in anything" over the weekend.


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