HIGH FIVE MBS

That high five was to hold you over until later this evening.

As I write, ice pellets are battering my office window, therefore in the interest of my own well-being I have decided to get on the Beltway before the storm picks up. Fret not though, I am about halfway through the afternoon post and will be sure to provide your afternoon fix once I get home.

Here is an artist's rendering of the MBS post FOMC policy statement

Source: "Alice in Wonderland" Walt Disney