MBS Update: Down in Coupon
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While I write here is a price update...after buying "up in coupon" yesterday"the Fed is looking farther down the stack today...
Fn 4.0-> +0-04 to 100-30 Gn 4.0-> +0-07+ at 101-06
Fn 4.5-> +0-01 to 102-08 Gn 4.5-> +0-03 to 102-31+
Fn 5.0-> -0-01 to 103-00 Gn 5.0-> -0-00+ to 103-20+
Fn 5.5-> -0-00+ to 103-14 Gn 5.5-> -0-04 to 103-29
Fn 6.0-> +0-00+ to 104-15 Gn 6.0-> -0-01 to 103-29