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US 10YR FUTURE TECHS

‌‌(M1)‌‌ Bearish Risk Remains Present

MNI, NEWS
MNI: US MBA: MARKET COMPOSITE -2.6% SA THRU OCT 27 WK
US MBA: REFIS -5% SA; PURCH INDEX -1% SA THRU OCT 27 WK
US MBA: UNADJ PURCHASE INDEX +10% VS YEAR-EARLIER LEVEL
US MBA: 30-YR CONFORMING MORTGAGE RATE 4.22% VS 4.18% PREV