Posted To: MBS Commentary AT A GLANCE No Further Data Left Today No Further Trading Days Left This Month (traditional month end lift for bonds) Stocks Unable To Break Previous Highs Ongoing Lack Of Super-Bullish Data MBS and Tsy's Both Taking The Opportunity To Test Resistance 4.5's are up 11 ticks at 101-10 10yr Tsy is up 9 ticks at 3.60 yield. Profit taking expected, Tsy's not seen making significant headway down into the 3.5's MBS Prices and Tsy yields are experiencing a sort of best-case-scenario day where an uncommonly econ-data-dense Friday failed to hit the long ball for equities

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MBS LUNCH: Rally On! Enjoy The Ride