- ISM Services 57.2 vs 55.4 forecast, strongest since 10/2015
- Business Activity 61.7 vs 58.0 forecast, strongest since 10/2015
10yr yields are now up more than 5bps at 2.447 and Fannie 3.5s are down 11 ticks (nearly 3/8ths of a point) at 102-10. Negative reprices are becoming a possibility for the early/aggressive lenders.