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Daily Mortgage Stance

Day 7 of the government shutdown sees 350,000 civilian Pentagon workers ordered back to work this week.

The ongoing partial shutdown combined with the looming debt ceiling issues has sent Stock prices sharply lower this morning and is giving a boost to the Bond markets.

There were no economic reports released today.

We are recommending to float due to Stocks being under pressure and with Bonds given a little room to run. But sentiment can quickly reverse. 

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