MBS AFTERNOON: Reprices for Better Reported

Heading into the 5pm  'LENDERS ARE  REPRICING' marking period....the FN 4.0 is +0-14 at 98-20 yielding 4.143% and the FN 4.5 is trading +0-13 at 101-06 yielding  4.356%. The secondary market current coupon is 4.271%. Current coupon yield spreads are wider on the day.

Here is the FN 4.5 two day chart:

Funny thought for the weekend...

On Sunday the New York Giants will play the Philadelphia Eagles at 1pm and the  New York Yankees will play the Philadelphia Phillies at 8pm......these two events will occur within four blocks of each other. See...

This should be good. That middle parking lot might look like a Civil War battlefield when all is said and done.