MBS UPDATE: PRICE UPDATE

By:

Good Morning. The MBS stack is following the supply weary yield curve toward higher rates this morning. Mortgage Rates are a few bps higher this AM.

FN30_____________________________________

FN 4.0 -------->>>> -0-04 to 99-02 from 99-06

FN 4.5 -------->>>> -0-04 to 101-02 from 101-06

FN 5.0 -------->>>> -0-03 to 102-10 from 102-13

FN 5.5 -------->>>> +0-01 to 102-27 from 102-28

FN 6.0 -------->>>> +0-02 to 103-16 from 103-14

TSY yields moving higher

Stocks moving higher