MBS UPDATE: Slowly Selling

The slow deterioration continues as TSYs sell and the yield curve steepens....

11:15am Marks

FN30_________________________            GN30__________________________

FN 4.5 -------->>>> -0-06  to  100-23             GN 4.5 -------->>>> -0-02 to  100-30

FN 5.0 -------->>>> -0-04  to  101-24             GN 5.0 -------->>>> -0-03 to  102-01

FN 5.5 -------->>>> -0-04  to  102-12             GN 5.5 -------->>>> -0-03 to  102-17

FN 6.0 -------->>>> -0-03  to  103-03             GN 6.0 -------->>>> -0-03  to  102-30