Consensus was for 43.8. November's reading was 44.7.
Definitely weak, but no reaction in MBS so far. Treasuries are slightly improved in the long end, so if a directionality was suggested, it would be the good kind.
Consensus was for 43.8. November's reading was 44.7.
Definitely weak, but no reaction in MBS so far. Treasuries are slightly improved in the long end, so if a directionality was suggested, it would be the good kind.