During mid day trading the 10 Year Treasury lost most of its gains and the Fannie Mae 5.5% mortgage-backed security remained up but declined enough by around 12:30 CST that Wells Fargo updated their rate sheets for the worse.  The Fed Beige Book report which was released at 1 pm CST showed that 7 Fed districts reported softer economic activity and 5 Fed districts reported conditions as stable to slightly stronger.   On the plus side inflation pressures were reported as benign.