MBS are up +4/32 (FNMA 30-yr 3.5 at 105.06), around 6/32 below morning levels, and at the low since early this morning. Some unfavorable repricing was seen. Weaker than expected Retail Sales data lifted MBS today. The Fed’s Beige Book reported “modest” or “moderate” economic growth across most regions since mid-November, while some energy-producing regions saw a slowdown. Results were weaker than average for the 30-yr Treasury auction. The Dow is down 190 points.Tomorrow, PPI, Jobless Claims, Empire State, and Philly Fed will be released.