Analysts note a recent report out from BofA shifting MBS to overweight from neutral as a result of the relative value created by recent sell-offs. Banks, The Treasury, and GSE's could all emerge as "meaningful" buyers.

Current Price on 5.5's is 100-10+, still slightly higher than our trading range today. If you're on the fence about locking tonight, this might give some pause heading into tomorrow. Stocks took back yesterday's gains with the Dow off over 450 points. Tomorrow is a critical day for momentum and technical indicators.