October 12th, 2010 10:14 AM by BILL WILBANKS
Most of the rate action took place late Friday afternoon as lenders adjusted their quotes for the 3 day weekend with the Bond market being closed yesterday and the coupon being off by around 0.625% by late Friday. No real market reports on today's menu. Thursday and Friday will be the first days of any real consequence with employment and Fed speak this week. Other than that it will be 3 bond sales from which l would expect little impact and topical news day-to-day to look for any market move in the meantime.
Points just got bumped a few minutes ago by 25 bp +/- in a late afternoon fine tuning folks so the sheet was just adjusted accordingly.