5.5's down to 99-02 which is 7 ticks off on the day.

This is some normal choppiness before DJ Jazzy Ben and the Gang make it to the stage tomorrow, oh, and not to mention the 17378022083 other ridiculous things occurring in cap markets at this particular point in economic history

These are the lows of the day, and lenders that aren't safely hedged for tomorrow may ding you for an eighth. Stay tuned...