MBS AFTERNOON: Primetime to Take Profits on Your Pipeline

By: • Fri, Nov 13 2009, 3:54 PM

Heading into the 5pm marking period, the FN 4.0 is +0-08 at 99-05 yielding 4.09% and the FN 4.5 is trading +0-08 at 101-24 yielding 4.287%. The secondary market current coupon is 4.179%. The CC is +75/10yr TSY and +64/10yr swap.

Below is the FN 4.5. Quite the post auciton recovery!

This is a primetime to take profits on your pipeline. Everyone have a great weekend.....