Not much change yesterday in the MBS markets as volume remained light. Investors focus has been on the Jobs Report that will be released today at 8:30 AM. This report was due to be released on October 4th but was pushed back due to the government shutdown. The report is on the September employment situation and was almost ready for release when the government shutdown started. This report will receive special attention because of the lack of economic data that has come out recently. The report fell well below expectations and this has caused a MBS market rally. This will also be the first and hopefully only time that this report will not be released on a Friday so gear up for Jobs Tuesday!
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