Those friendly folks at Freddie and Fannie have suspended mortgage foreclosures over the holiday period if the home is occupied.
Also crossing the wires is news that Citbank will not seek any government aid despite its stock slide below $5 today.
The US bond rally reached ridiculous proportions this afternoon with the long bond rallying 8.5 points on the day, a drop of 44 bp in yield. 10s fell below 3% briefly after hours. Asia’s gonna have a stroke…