Market Update 8/23/2016
MBS are down -1/32 (FNMA 30-yr 3.0 at 103.21), around 1/32 lower than yesterday at this time.
It has been a quiet morning ahead of today’s housing data. The Dow is up 100 points. New Home Sales will be released at 10:00 et. The results from the 2-yr Treasury auction will come out around 1:00 et.