MBS OPEN: UNDER PRESSURE
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MBS is under pressure at the open....but still outperforming TSYs
APRIL FN30_______________________________
FN 4.0 -------->>>> -0-05 to 98-29 from 99-02
FN 4.5 -------->>>> -0-05 to 100-30 from 101-03
FN 5.0 -------->>>> -0-03 to 102-06 from 102-09
FN 5.5 -------->>>> -0-02 to 102-28 from 102-30
FN 6.0 -------->>>> +0-00 to 103-17 from 103-17