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Home » Store » News » Mortgage- and Asset-Backed Securities Markets Begin Digging Out From Aftermath of Terrorist Attacks

Mortgage- and Asset-Backed Securities Markets Begin Digging Out From Aftermath of Terrorist Attacks

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Fixed-income securities markets began to recover late this week from the terrorist attack that shut down the U.S. bond market for two days, with prices weakening because of investor uneasiness about a worsening economic outlook. The destruction of the World Trade Center buildings had a direct and sometimes catastrophic effect on a number of MBS and ABS market participants, and on even
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