After one of the largest rallies MBS has seen this year, yesterday mortgage rates moved slightly higher due to low trading volume. Today Fed Bank of St. Louis President James Bullard will speak on economic and monetary policy. Kansas City President Esther George will also take the stage at an Open Market Committee meeting. Investors are looking for any hint of future plans to reduce asset purchases. No other economic news on the calendar today...Let’s just hope Ben keeps buying our bonds today so we can ease into the weekend.
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