(Reuters) - Rate jitters triggered a fresh wave of selling by mortgage investors to pare their rate risk exposure, although that was tempered by falling stock markets in Europe and worries about deteriorating credit conditions, analysts and traders said.
"The market is looking at survival," said Thomas di Galoma, head of Treasury trading at Jefferies & Co. in New York.
Read more at Reuters.com Hot Stocks News
"The market is looking at survival," said Thomas di Galoma, head of Treasury trading at Jefferies & Co. in New York.
Read more at Reuters.com Hot Stocks News
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