http://MikesDailyMarketReport.com: Later today, the FOMC Minutes will be released, which will be our most impactful economic data for this week (as it will be a rather light week). However, the BLS released a report showing that there were 9.2 million Job Openings for the month of May. The Markets are holding back today, as NASDAQ goes into the Red. MBS are currently Up 6bps, but it's still within our range yesterday, after it pulled back some to close +22bps. This basically means that Mortgage Rates remain Unchanged from yesterday's pricing. Yields continue their decent, as it hit 1.31%, and it currently about 1.32%.
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