Mortgage bond prices remain lower on the day erasing some of the gains from yesterday afternoon.

There was no data this morning but we are seeing a selloff from the recent highs this week which is not uncommon considering the positive streak.

Not only does Greece continue to make headlines but the fears are spread across the euro zone. Banks in Spain are seeing valuations plummet following the bank runs in Greece earlier in the week. Spain currently faces about a 25% unemployment rate, real estate woes, and debt problems.

There is no data Monday.