Video Highlights:
- Housing (MBA): Seen move in activity up off the base level; in the MBA Mortgage Purchase App Series we are in a sideways pattern of a new level of activity at 180
- Macro (2yr): After yesterday’s CPI print there was a significant move higher in 2yr Treasury yields; within 6-7 basis points of its high late last year; 90 basis points inverted on 2-10 yield curve spread
