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Don't Get Too Caught Up With The 2-Day Chart

Bonds are rallying, somewhat.  The best way to describe the move would be "nice."

If you happen to be observing the rally on a 2-day chart, it looks like "something" might be happening (a headline or other market event motivating volume and movement).  Nope...  This is a small move in the bigger picture and one that keeps bonds perfectly inside the prevailing trend channel.  

2017-11-7 update

MBS / Treasury Market Data

UMBS 6.0
99.43
-0.62
UMBS 6.5
101.30
-0.42
10 YR
4.9860
+0.0952
Pricing as of: 11/10 5:59PM EST
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