MBS were generally flat today while Treasuries were slightly skewed toward higher yields.  There's really not much more to observe about today's movement.  There was no significant economic data though some media outlets and even market-watchers make a case for the JOLTS data moving markets (refers to the "Job Openings and Labor Turnover Survey" which provides broad context for the employment environment in June, and it's not a short-term market mover).

Overnight trading had only a mild effect on Treasuries.  In fact, US bond markets marched to their own beat for the most part as Treasuries underperformed EU bond markets.  Geopolitical headlines did little or nothing to change the tone.  It simply looks like US markets are expressing some caution ahead of the first significant day of the week tomorrow with Retail Sales and the 10yr Note Auction.

MBS Pricing Snapshot
Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is available via MBS Live.
FNMA 3.0
98-15 : -0-02
FNMA 3.5
102-08 : -0-01
FNMA 4.0
105-13 : +0-01
2 YR
0.4400 : -0.0040
10 YR
2.4510 : +0.0310
30 YR
3.2770 : +0.0440
Pricing as of 8/12/14 4:57PMEST

Today's Reprice Alerts and Updates
A recap of Alerts and Updates provided to MBS Live subscribers.
12:44PM  :  ALERT ISSUED: Back to the Lows; Negative Reprice Risk is a Consideration Again
11:14AM  :  Bouncing Back From Earlier Weakness; Strong Technicals
10:15AM  :  ALERT ISSUED: Very Slight Negative Reprice Risk Already
9:44AM  :  Bond Markets remain in Yesterday's Range, Helped by EU Econ Data and Ukraine

MBS Live Chat Highlights
A recap of featured comments from the Live Discussion on the MBS Live Dashboard.
Jeff Anderson  :  "Other than 4/14 the retail sales # has been pretty tame, hasn't it? Think the 10 year is just so-so due to the low yield?"
Joseph Daquino  :  "How about Retail Sales and 10 YR auction tomorrow? That is what I am looking at. Thinking about locking a couple."
Jeff Anderson  :  "Man, the 2 day chart looks choppy until you realize how narrow the range is. 3 year going to be ho hum or stir the pot a little bit?"