Market Update 8/18/2016
MBS are down -1/32 (FNMA 30-yr 3.0 at 103.22), around 5/32 higher than yesterday at this time. Some favorable repricing was seen yesterday.
This morning, the Philly Fed regional manufacturing index rose to 2.0, matching the consensus. Weekly Jobless Claims fell to 262K, slightly below the consensus of 265K. The Dow is down 10 points. Leading Indicators will be released at 10:00 et.