MBS OPEN: Market is Betting on Better Jobs Data

By: •

The market is feeling optimistic about Non Farm Payrolls....Dow Futures are up and the 10 yr is approaching 3.40%!!!!

April Non Farm Payrolls: economists are expecting 590,000 job losses, an 8.9% unemployment rate, and a 33.20 hour work week

Since 5pm "Going Out" Marks....

FN30________________________________

FN 4.0 -------->>>> -0-03  to 99-16   from 99-19

FN 4.5 -------->>>> -0-03  to 101-13  from 101-16

FN 5.0 -------->>>> -0-03  to 102-16  from 102-19

FN 5.5 -------->>>> -0-02  to 103-12  from 103-14

FN 6.0 -------->>>> -0-00  to 104-20  from 104-20

GN30________________________________ 

GN 4.0 -------->>>> -0-04  to 99-17    from 99-21

GN 4.5 -------->>>> -0-05  to 101-19  from 101-24

GN 5.0 -------->>>> -0-05  to 103-03  from 103-08

GN 5.5 -------->>>> -0-01  to 103-25  from 103-26

GN 6.0 -------->>>> -0-01  to 104-13  from 104-14

UST10YR: 3.3640% <----

2s/10s: 235.44 bps

DOW FUTURES : +101  to 8488

 

EFFECTIVE FED FUNDS:  +0.00  to  0.18  from 0.18

LIBOR FIXINGS

O/N LIBOR:  -0.0012  to  0.2338   from 0.2350

1 MONTH:     -0.0144  to  0.3675   from 0.3819

3 MONTH:     -0.0188   to  0.9375   from 0.9563

6 MONTH:     -0.0313   to  1.4625   from 1.4937

1 YEAR:       -0.0263   to  1.7813   from 1.8075