MBS ALERT: Reprices Possible

By: • Thu, Feb 5 2009, 10:48 AM

In the true spirit of day trading...sellers have reduce the bid a few ticks. The Dow has swung positive and the UST10YR yield is on the rise again. Reprices for the worse are possible.

FN30_________________________ GN30______________________

FN 4.5 -------->>>> +0-02 to 100-21 GN 4.5 -------->>>> +0-07 to 100-29

FN 5.0 -------->>>> +0-02 to 101-22 GN 5.0 -------->>>> +0-02 to 101-30

FN 5.5 -------->>>> +0-01 to 102-09 GN 5.5 -------->>>> +0-01 to 102-16

FN 6.0 -------->>>> +0-01 to 103-00 GN 6.0 -------->>>> +0-03 to 102-31