Yesterday MBS went higher and tighter causing a re-price for the better. Origination was down and demand was strong, causing prices to improve mid day. Today U.S. Retail Sales rose .1 percent in October from September. The Fed Speakers just keep on coming with the Chicago Fed President Evans speaking at 2:15 P.M. and Big Ben takes the stage at 7 P.M tonight at the National Economists Club in Washington D.C. The FOMC minutes will be released tomorrow and investors are looking for any indication of future economic policy. Many believe it will be March of 2014; others are convinced December is not yet off the table.
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