Even in the time that intervened our afternoon post and the close, MBS moved yet higher and tsy's yet lower. But just as we start passing out grains of salt during negative price action at these times of day, so too will we caution you against allowing these late day gains to lull you into a false sense of optimism. Even if there was some decent volume behind the movement, which there wasn't, no meaningful ranges were broken and no market event fueled the move. I wonder if we'll ever snap due to the frustrating repetition associated with constantly observing MBS movements as "range bound, disconnected from fundamentals, and lackluster trading maintains status quo of the trader's paradise..." What else did you expect?...