Friday 12/26…Should be a Slow Day

Mortgage backed securities opened basically where they closed on Wednesday.  There are no economic reports to be released today and we should see a very low volume of trades.   

I do not suspect that we will have a rally or a big sell off, much more likely to move sideways until next week.   

The bond market does close early today at 2pm est.   As conditions warrant, I will post back.