U.S. mortgage bond prices unchanged to higher - 2004-03-22
U.S. mortgage-backed securities prices were unchanged to modestly firmer early on Monday, with spreads unchanged to a bit narrower amid light buying of slightly higher coupon bonds.

"We are not seeing much action. We are seeing some movement up in coupon," said a pass-through trader with a dealer firm.

Much of the push into higher-coupon bonds is from 30-year 5 percents to 30-year 5-1/2 percents.
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Bankruptcy boom eases in Indiana after record levels - 2004-03-22
The bankruptcy boom that began to affect Indiana as the state went into recession in 2001 continued last year, with filings again reaching record levels.

Whelan also cited federal figures showing a doubling over the last decade in the amount of non-mortgage consumer debt from credit cards and payments on cars and other goods.
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