MBS OPEN: WHO WILL GIVE IN FIRST?
Good Morning. Stock Futures are indicating a positive open and TSYs rates are slightly improved. (Who is going to give in first?)
MBS is flat. I posted an explanation of "The Roll" last night. LINK
Opening Marks...
APRIL FN30_____________________________
FN 4.0 -------->>>> +0-01 to 98-20 from 98-19
FN 4.5 -------->>>> +0-00 to 100-21 from 100-21
FN 5.0 -------->>>> +0-02 to 102-00 from 101-30
FN 5.5 -------->>>> +0-03 to 102-23 from 102-20
FN 6.0 -------->>>> +0-00 to 103-09 from 103-09
MARCH GN30_________________________________
GN 4.0 -------->>>> -0-03 to 98-29 from 99-00
GN 4.5 -------->>>> -0-01 to 101-08 from 101-09
GN 5.0 -------->>>> -0-02 to 102-21 from 102-23
GN 5.5 -------->>>> -0-01 to 103-10 from 103-11
GN 6.0 -------->>>> -0-02 to 103-19 from 103-21