Light Trading so far this morning, which most Traders seem to be waiting to get a glimpse of the Fed's Beige Book being released at 11am PST today. Meanwhile, the Durable Goods Orders dropped again. Stock Market is down a little bit and the Bond Market is Up a little bit -still sitting in a sideways pattern. Mortgage Rates will be a little better today, as the Market started about 6 bps higher than yesterday's close and is up another 6bps for the morning. One concern for the Bond Market today is Supply Concern's with the 5 Year Auction going on today.
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