/MBS/CMBS: Some in Tsys market mulled if....>

US TSYS: /MBS/CMBS: Some in Tsys market mulled if there might be "bid lists" of

various riskier bonds to be sold heading into the new year; others cited brisk

selling on Thursday of CMBS (Commercial Mortgage-Backed Securities). Such

sellers want to maximize their potential tax treatment of losses by booking them

this year, than next week, when overall corporate tax rate will be lower than

the current 35% US corporate tax rate. 

- While Tsys were not expected to be the focus of such tax-centered sales, they

could be pressured cross-market, if the sister market selling turns heavier,

said observers.

- Meanwhile in other shifts as noted earlier, there had been Mideast sales of

intermediate Tsys earlier this week/vs. buying in US stocks; that was thought to

have finished however, said observer. Could