Good News (for now)

By: Matthew Graham

We've ticked back up to neutral day over day on bonds, about a 4-5/32nd's improvement from an hour ago.

Changing recommendation to float.

 But please keep your own eye on stocks!  If they start shooting back up, be ready to lock.

Granted the 10 year treasury is not a perfect gauge of the market, but keep an eye on that as well.  If the yield climbs more than 4 basis points, I would lock.  And I will do my best to report MBS's throughout the day, thus precluding you having to do anything except check back here!

Other than that, float float float!