Market Update 5/28/2015
MBS are down -1/32 (FNMA 30-yr 3.0 at 101.04), around 3/32 higher than yesterday at this time. Favorable repricing took place yesterday.
This morning, weekly Jobless Claims rose to 282K, a little above the consensus of 270K. The Dow is down 50 points. Pending Home Sales will be released at 10:00 et. The results from the 5-yr Treasury auction will come out around 1:00 et.