currently up a plus in 6.0's at 100-26.
MBS ninjas report some of the positive price action we are seeing today is the result of low volume, making today's gains potentially not as exciting as they otherwise would be. Still, I wouldn't go so far as to say "nothing is real."
Things can still change in a New York minute (how did we go from Beatles to Eagles?) and don't be surprised to see some profit taking today as we push 2 month highs.
Currently a slight reversal in stocks (turning from negative to positive) is pressuring the bond market, but nothing to get hung about.