MBS UPDATE: SHORT AND SWEET

Hi Everyone. Sorry about the "lateness" of my end day commentary...I AM TIRED....but do not want to leave you without some indication of things to come

I am going to keep it short and sweet tonight....MBS prices have been insulated from the stock lever this week and are now nearing unsustainable price levels.

Plain and Simple: MBS is getting too expensive. We are due a sell off....