MBS CLOSE: In the Green...Spreads Gap in Thinner Coupons

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Since 3pm close yesterday....

FN30_________________________                            

FN 4.5 -------->>>> +0-17 to 101-06 from 100-21                                       

FN 5.0 -------->>>> +0-16 to 102-07 from 101-23                                   

FN 5.5 -------->>>> +0-09 to 102-18 from 102-09    

FN 6.0 -------->>>> +0-08 to 103-09 from 103-01                                        

GN30______________________

GN 4.5 -------->>>> +0-15 to  101-13 from 100-29

GN 5.0 -------->>>> +0-14 to  102-13 from 101-31

GN 5.5 -------->>>> +0-08 to  102-23 from 102-15

GN 6.0 -------->>>> +0-07  to  103-07 from 103-00

blackberry users does this come across on your tiny screen better?

While the yield curve flattens, profit takers await spread tightening before running away with the money...Equities are ANGRY!!!