Monday 3/16...Holding Up Well with a Stock Market Rally

Currently, mortgage backed securities are unchanged from this morning.  A nice positive take away from this is the stock market is up over 100 points and treasury yields at 2.95.  So, even though we have a flow of money into stocks and selling pressure in Treasuries, mbs seem to be in their own world.

All in all, a pretty boring day for mbs but a postive day none the less.  If anything happens between now and close i will post back.