MBS Update: Sluggishly Better

Minimal supply and post holiday sluggish buying governs capital markets today as traders, lock desks, and originators alike are enjoying a quiet relaxing day with friends and family. The well below average trade volume reflects this culural custom of concentrating on what matter most in life.

FN 4.5: +0-05 at 101-18            GN 4.5: +0-07+ at 102-01

FN 5.0: +0-03 at 102-03            GN 5.0: +0-03 at 102-19

FN 5.5: +0-02 at 102-12            GN 5.5: +0-03+ at 102-27

FN 6.0: +0-02 at 102-22            GN 6.0: +0-02 at 102-28