A snoozy, sleepy, soporific, and somnambulatory afternoon as MBS continue to drift ever sideways, sideways, sideways...

The range is narrow recently and centers on 100-06+. Volume is lighter than Ally McBeal after a big breath of helium.

Until something happens, no news is good news as that figure is up 8 ticks on the day. There's just nothing going on besides people talking about the election, folks.

Maybe we'll get a chance to chat about something relevant soon.

Until then.....