31. Those early repayments shorten the lives of mortgage securities and can reduce their returns. 32. Municipal bonds were little changed, and mortgage securities tracked Treasuries. 33. They prefer to get exposure to mortgage securities in a more diversified bond fund. 34. A solid income investment for retirees is government-guaranteed mortgage securities . 35. Mullaney bought mortgage securities when their prices slumped last month. 36. Early repayments cut short the lives of mortgage securities and can eat into their returns. 37. Because mortgage securities are bonds, their prices are also affected by changes in interest rates. 38. Mortgage securities also were little changed even as investors and traders anticipated more bond sales.39. Mortgage securities did well until this summer, when they got hurt by the refinance boom.40. Rising rates have made investors more optimistic about mortgage securities and spurred demand, traders said.
