The Ticker
MBS falls due to stronger than anticipated labor market
1/24/13 2:09pm
Stronger than expected labor market data hurt MBS this morning.
Weekly Jobless Claims fell to 330K, below the consensus of 360K, and the lowest level since January 2008. This marks the second straight week that Jobless Claims were below the 350K level, which may signal that stronger Employment gains will be seen.
