Fri, Feb 13 - 10:11 AM ET Market Update ALERT TO LOCK!!
By Larry Bailey
(American Financial Resources, Inc.)
Fri, Feb 13 - 10:11 AM ET Consumer Sentiment slightly lower at 56.2 vs exstimates of 60.2. MBS trading near session lows. Stocks near unchanged. 8:40 AM ET - Year-to-date the Fed purchases nearly $115B in MBS as reported yesterday. MBS flat, while Stock Futures slightly lower. Oil at $34.72/barrel up 75 cents. ALERT TO LOCK!!