What’s going on in Greece … in plain English.

If you’ve been waiting for a rate bottom, this could be your week.

Today’s links explaining why stocks up and bonds down. But not all bonds: mortgage bonds steady, keeping rates low.

Happy Thanksgiving everyone. Watch your mouth.

Per day MBS supply & demand now vs. 2012. And the rate impacts.

What Italy’s troubles mean for global markets, in simple terms.

Today’s links. Some halloween stuff in with the serious stuff. -Bonds Beat Stocks: 1981-2011 (TheBigPicture) -Great summary of underwater refi plan (FT Alphaville) -CHARTS on Case Shiller Home Price Numbers (Bespoke) -Intriguing Policy From Chicago Fed Pres (Bonddad) -11 Ways To Ghost-Proof Your House (InmanNews) -5 Most Profitable Horror Movies Ever Made (Minyanville)

Fixed income portfolio manager David Schawel is a credible voice on mortgage backed securities (and a great follow on Twitter), and he did a quick investment perspective on today’s revisions to the Home Affordable Refinance Program. Good read for anyone wrapping their head around this.

Stocks were down and rates/bonds nearly flat on the day after Greeks rioting to protest more austerity, and investors await outcome of Eurozone crisis talks. Economic fundamentals are back seat for now. Links below.

Rates rose .125% last week after a .25% climb the week before. Rates are up .375% in the past two weeks, but still extremely low. My WeeklyBasis prediction last week was even rates as markets “start with rates up slightly on perception of progress in Europe, then fade.”