MBS UPDATE: Ticking Down Just Slightly After Close

Stocks are on the move up since 3pm.  Decreasing liquidity has given a bit of the advantage back to sellers at the moment.

APRIL FN30_____________________________

FN 4.0 -------->>>> -0-04 to 100-02 from 100-06

FN 4.5 -------->>>> -0-06 to 101-21  from 101-27

FN 5.0 -------->>>> -0-05 to 102-23 from 102-28

FN 5.5 -------->>>> -0-04 to 103-10 from 103-14

FN 6.0 -------->>>> +0-01 to 104-05 from 104-04

APRIL GN30_____________________________

unchanged from last post

Here's a chart:

10 yr tsy in red, MBS 4.0 in green.

Reprices for the worse are again a possibility, but so many lender-specific conditions exist, there are no certainties.  If pressed for a commitment, I'd say risks are minimal, but now you know...