(Reuters) - NEW YORK, July 2 - Benchmark subprime mortgage
ABX indexes fell to fresh record lows in nervous trading on
Monday, as concerns mounted over rapidly deteriorating subprime
loans made last year, traders said.
"It's another big selling wave. There's really no new
information. The repricing in the index is more sentiment
driven," said one ABX trader.
Read more at Reuters.com Bonds News
ABX indexes fell to fresh record lows in nervous trading on
Monday, as concerns mounted over rapidly deteriorating subprime
loans made last year, traders said.
"It's another big selling wave. There's really no new
information. The repricing in the index is more sentiment
driven," said one ABX trader.
Read more at Reuters.com Bonds News
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