Holding Steady For Now

By: Matthew Graham • Mon, May 5 2008, 10:36 AM

Despite some ups and downs, MBS is steady currently with the 5.5% down 4/32nds on the day at 100-13. MBS are still tracking relatively well with treasuries and the stock market. This blog will not be updated for a while as you will just be able to look for an improvement in the stock market or a rise in Treasury yield for an indication of reprice risk.