MBS fall to near their worst levels of the day. Alert To Lock!
Fri, Dec 05 - 1:23 PM ET
MBS fall to near their worst levels of the day. Alert To Lock!
11:13 AM ET - Stocks fall after the weak jobs data - the Dow down 200 points. Oil continues to drop like a rock, now under $42. MBS slightly lower and look to be taking a breather after the huge rally that has recently occurred.
9:30 AM ET - MBS unchanged despite the weak data. Stocks open lower. Oil falls below $43/barrel.
8:36 AM ET - Non-farm payrolls fall by a whopping 533,000. It's only the fourth time in the past 58 years that payrolls have fallen by more than 500,000 in a month.
8:12 AM ET - Oil near unchanged at $43.50/barrel.
8:02 AM ET - Tick, Tick, Tick... Jobs report at 8:30am ET. 10 Yr T Note flat. MBS not yet open. Stock futures slightly lower.
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