• Horrible volume yesterday, no data, and market waiting for today's auction
  
• MBS outperformed treasuries
• Tsy's Lost Big, MBS just a few ticks, Stocks were up
• Deutsche Bank's profits up on I-banking (what a surprise), but stock slides on cautionary Q3 outlook.  BP earnings disappoint. 
  
• So far this AM, stock futures down slightly as tsy's rallied overnight
• 10yr up 10 ticks.  yield 3.684
• MBS opening at levels that more or less erase yesterday's moderate loss.
• All quiet before the real data hits
• Case Shiller at 9, Confidence at 10, Yellin' Yellen at 10, biggest mover=Auction at 1pm

MBS, Tsy, and LIBOR Quotes