Price and Spread: bad, bad, bad...

The Ninja reports, and we surmised, that "whatever" happened in the world today was only briefly enough to catch the fickle attention of the ever-elusive MBS bid.

It's harder to find than a 3 headed, flying unicorn/leprachaun.

But when we do finally track it down, will it yield a pot of gold? Only coin by coin my friends.

6.0's are down 14+ ticks from yesterday's "going out levels" at 99-22+

Ouch....

More reprices potential...