Very narrow 3/32nd trading range for MBS since just after 9AM,

We're just barely on the high side of that range which puts us 1 tick up on the day at 99-18.

While we pull up to this stop light in our Jalopy, that dashingly handsome 10 year note pulls up next to us in his $200,000 convertible.  And who's in tow!?  Its the ever so sexy five year note!  Looks like we're broken down here while the uber couple race off, laughing and pointing at us, on their way to go be the hit of some party no doubt.