Wednesday 10/29 ... Durable Goods Report In

By: Matthew Graham • Wed, Oct 29 2008, 8:57 AM

Durable goods report came in much stonger then expected at a .8% increase when economists where expecting a -1.0% drop. Normally bad news for mbs, but not this morning.

Currently the 6.0 is at 100-03 up 12 ticks from close yesterday.