Consumer Sentiment Jumps   Stronger than expected data hurt MBS today. Consumer Sentiment rose to 83.7, above the consensus of 78.0, and the highest level since June 2007. Leading Indicators rose 0.6%, above the consensus of 0.3%. This chart shows mortgage-backed securities (MBS) prices from Monday’s market open until the time of this post. The vertical-axis reflects MBS prices as measured in basis points. Mortgage-backed bonds are used to formulate mortgage rates. Falling MBS prices

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