Today's most notable feature is it's lack of volume and participation.  Both have subsided since last Wednesday--proof positive that economic data is of secondary importance to tradeflows and positioning (because Wednesday was the first day of a new month/quarter, and hence a heavy day for tradeflows).  This is also why bonds were able to hold their ground fairly well in the face of a stronger Jobs report on Friday.

After an initial sell-off on Friday morning, Treasuries and MBS trudged steadily back toward positive territory.  The move leveled-off overnight and looked to be reversing this morning.  Bonds took cues from stocks however, and as stocks moved lower at the open, bond yields have followed.  MBS and Treasuries both edged into positive territory heading into the noon hour.


MBS Pricing Snapshot
Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is available via MBS Live.
MBS
FNMA 3.0
99-10 : +0-04
FNMA 3.5
102-26 : +0-04
FNMA 4.0
105-29 : +0-03
Treasuries
2 YR
0.5360 : -0.0275
10 YR
2.4210 : -0.0148
30 YR
3.1210 : -0.0039
Pricing as of 10/6/14 12:14PMEST

Morning Reprice Alerts and Updates
A recap of Alerts and Updates provided to MBS Live subscribers.
11:23AM  :  Bonds Recover as Stocks Slide; Iran Nuclear Explosion Cited
9:35AM  :  Bond Markets Pulling Back After Modest Overnight Gains

Live Chat Featured Comments
A recap of featured comments from the Live Discussion on the MBS Live Dashboard.
Matthew Graham  :  "http://mndne.ws/1ucmCyX"
Matthew Graham  :  " Matt Hodges: 8/4/14 1:26pm On October 7, 2014, government-sponsored enterprise Fannie Mae will retire its HomePath Mortgage and HomePath Renovation Mortgage products."
Frank Hanna  :  "Today the last day for homepath?"