Market Activity & Analysis

There were some big jumps, a big drop and some wide spreads in the market today. HTS and CBS jumped $3/piece, while the lightweight HNS category traded in a $10 spread. Jumbo BBS fell $3 from yesterday’s high, but sources were confident that $83 would trade again before week’s end.

Overall, most were calling the market quiet while they were finishing up their trading. Many stated that the market is well sold and liquidity is thin at…