Mortgage Rates Hold Steady at 3 Month Lows

Traders Buy The Dip After AM Data After a bit of overnight strength and an early morning pull-back, bonds were right in line with yesterday afternoon's levels ahead of the 10am data.  JOLTS (job openings) pushed yields back to yesterday's highs--perhaps with some help from the Senate's passage of the spending bill, but at that point, traders bought the dip in bond prices and pushed back into the day's range.  It wasn't enough to get back to positive territory, but it made the day less of an obvious turning point in the bigger-picture.  Perhaps a better way to say it would be that bonds still look open-minded when it comes to responding to