MBS ALERT: NOT A BAD ONE!!!!
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Aggressive lenders should be willing to pass along improved rates after this...
BUT STAY ALERT BECAUSE MBS/TSY YIELD SPREADS ARE TIGHTENING AND THE 10 YR TSY NOTE IS TESTING 3.92% RESISTANCE....AGRESSIVELY. THIS MEANS PROFIT TAKING COULD OCCUR AT ANY MOMENT AND ALL PROGRESS COULD BE LOST!!! STAY ALERT!!!!
PS..."Down in coupon" momentum firming up
...JW loving every minute of it