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Fannie mae stock price has been correlated with shifts in the
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Fannie Mae stock price has been correlated with shifts in the 30-year mortgage yields, which ticked down slightly this morning. A narrowing spread could benefit net interest margins, providing a bullish backdrop in early sessions. Hess Midstream LP (HESM) is a master limited partnership (MLP) that owns, operates and develops a number of midstream energy assets, primarily located in the Williston Basin area of North Dakota. Those assets include more than 1,400 miles of natural gas and natural gas liquid (NGL) pipelines, 500 million cubic feet per day (MMcf/d) of gas processing capacity, 505,000 barrels per day of crude oil terminaling capacity, 590 miles of crude oil gathering pipelines, 330 miles of water gathering pipelines, and more. See Also: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it ? The latest Fannie Mae stock price has shown mild volatility, hovering near the $0.82 mark as of today’s market open. Traders are watching the spread between mortgage-backed securities yields and Treasuries, as that often sets the tone for Fannie Mae’s performance. Short-term charts suggest resistance near $0.85, with support holding close to $0.