MBS Live Day Ahead: Early Close and Bigger Fish to Fry Next Week

With Europe and Japan out on holiday, bonds had the lightest overnight session of the year today, and domestic hours won't be much better apart from a flurry of compulsory month-end volume heading into the early (2pm ET) close.  Even if we see some movement, we wouldn't read anything into it.  Traders are far more interested in the Georgia senate run-off election day on January 5th.  MBS Live analysis and commentary will be in "holiday light" mode today (general radio silence unless something significant happens).  If you want to be updated more frequently, make sure you have your custom alerts set up (learn all about it with this video).  Happy New Year!