MBS- FNMA 4.5 price: 100-14

10-yr Treasury Yield: 3.73%

Banking just ain’t pretty these days.  But does anyone have sympathy for them?  Anyone, Buehler?  Anyone? 

Jan. 12 (Bloomberg) — President Barack Obama plans to raise as much as $120 billion through a fee on financial institutions to help recoup losses from the Troubled Asset Relief Program and reduce the deficit, according to an administration official.  Link to article…