MArket Update 8/11/2016
MBS are down -1/32 (FNMA 30-yr 3.0 at 103.26), around 2/32 higher than yesterday at this time. Some favorable repricing took place yesterday.
This morning, weekly Jobless Claims fell to 266K, which was very close to expectations. July Import Prices rose 0.1% from June. The Dow is up 75 points. No more economic data will be released today. The results from the 30-yr Treasury auction will come out around 1:00 et.