Production MBS Prices are currently in line with a range of post-QE3 lows seen in late October and traded to their lowest outright levels today since November 2nd. 

Treasuries were at their weakest levels of the overnight session as New York hit 8am and actually caught a brief respite as equities futures sank in pre-market trading to the tune of roughly 10 pointsin S&Ps. 

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cmlynski@housingwire.com