MBS MID-MORNING: Judo Chop!

By: Matthew Graham

Very Choppy right now.  Morning's high was 100-29, low of 100-19.  Between 9:30 and 9:50, we've spike up too 100-25, and now back down to 100-20. 

This is more of an FYI as floaters are still floaters.  And everyone that has to wait for rates to come out this AM should definitely be in the float boat at least unless we drop further.