MBS OPEN: Opening Price Levels.

By: Matthew Graham • Tue, Dec 16 2008, 8:22 AM

Yesterday we went out right were we came in. This AM, those prices are within a tick of being the same.

4.5's at 100-27

5.0's at 101-20 (down 1 tick)

5.5's at 102-10 (up 2 ticks)

Volume is VERY VERY VERY low this morning and was very low yesterday. It's an old western town right before the showdown, or Fed Day, whichever you prefer.