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In effect, Mortgage Bond pricing was bucked off yesterday and then barreled down through the 200 day average price–a floor of sorts.  The sell-off continues in earnest this morning.  The stimulus seems to be a stabilization in the European economy, particularly in Greece, which actually reported a modest gain in inflation yesterday.  The instability in Greece of late was one of the reasons interest rates have been under 4.0% for the last six months as investors the world over seek a safe haven for their money.  So a turn around abroad will siphon money from our funding pools in the U.S., putting upward pressure on yields to keep the cash in circulation.  Additionally, a hint of inflation anywhere decreases the value of a given bond, and calls for the issuance of higher yielding assets. READ: interest rates are higher this morning.