Tuesday 10/7 ... <Yawn>

If someone didn't tell you, you'd probably not even notice that the global capital markets are facing catastrophic challenges.

Not much has changed for MBS price since we crested 23% retracement just before noon. we've ticke up or down in a very narrow range since then and are currently at 100-25 in 5.5's.

Stay tuned in case things go back to their choppier ways from earlier this AM.