ITS A REAL BARNBURNER OUT THERE TODAY!!!
[Inner thoughts...is it gonna be sunny this weekend? Should I use SPF15 or SPF30? Cant wait for Chelsea/AC Milan tonight. Hmm...I wonder if I can eat every choice in the vending machine? Where's the lunch cart? Oh man I know...I can watch Family Guy on Hulu! Is it 2 yet? Did consumer sentiment data print? Ugh who cares...this day is going by so sloooow]
Woops. Inner thoughts camera was on...guess you know I was lying about the barnburner...
Pretty much the definition of summer swoon today. Not much going on after yesterday and price action reflects it...
The FN 4.5 = RANGE BOUND
10 YR TSY = RANGE BOUND
10 YR TSY SEPT CONTRACT VOLUME = BELOW AVERAGE
With stocks sending mixed signals and TSY supply on the calendar next week..."WAIT AND SEE" mentality prevails. Looks like we are setting up to end the week the same way we started it.
Mortgage rates reflect this sentiment as most lenders essentially republished yesterday's afternoon rate sheets.
Did I miss anything important you think we should be discussing???
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