Despite stocks rising over 60 pts on the DOW, MBS are still at the highs of the day.  Spread between 5 yr's and MBS are currently 6 ticks in MBS favor which is also good.

Currently the 5 year is up 4/32nds on the day and MBS are up 10/32nds.  The Dow, recently touched 60pts and has since dropped to 53.  

At these levels, MBS appears solid.  Keep an eye out for a more sizable stock rally.