Somebody Catch That Chicken!

The price curves of all the markets look like the flight path of a chicken with its head cut off (assuming a chicken could fly).

bouncy bouncy bouncy in the Dow and MBS.

10 year USTs improved about 9/32nds since last post.  That could be good for MBS.

MBS, despite the back and forth seems to be settling into the range of 101-07.

It may be too early to call definitely still, but this may be a floater unless we break that floor at 101+