MBS GOING OUT: Down on the Day

By: •

5pm Marks...

 

FN30_________________________            GN30__________________________

FN 4.5 -------->>>> -0-12  to  100-17             GN 4.5 -------->>>> -0-09 to  100-23

FN 5.0 -------->>>> -0-09  to  101-19             GN 5.0 -------->>>> -0-08 to  101-28

FN 5.5 -------->>>> -0-07  to  102-09             GN 5.5 -------->>>> -0-05 to  102-15

FN 6.0 -------->>>> -0-06  to  103-00             GN 6.0 -------->>>> -0-03  to  102-29

Yesterday's gains were pretty much wiped out in today's up down up down down trading session. Reprices for the better were reported. Re-prices for the worse were reported. Once a rarity, multiple intraday lender price adjustments (in opposite directions) are beginning to seem like routine.

Just an end of day update...more commentary to come this evening...