MBS AFTERNOON: Range Holding Steady
By:
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Since 5pm "Going Out" Marks....
FN30________________________________
FN 4.0 -------->>>> +0-09 to 100-08 from 99-31
FN 4.5 -------->>>> +0-07 to 102-00 from 101-25
FN 5.0 -------->>>> +0-08 to 102-31 from 102-23
FN 5.5 -------->>>> +0-06 to 103-24 from 103-18
FN 6.0 -------->>>> +0-02 to 104-27 from 104-25
GN30________________________________
GN 4.0 -------->>>> +0-06 to 100-08 from 100-02
GN 4.5 -------->>>> +0-07 to 102-04 from 101-29
GN 5.0 -------->>>> +0-10 to 103-23 from 103-13
GN 5.5 -------->>>> +0-05 to 104-06 from 104-01
GN 6.0 -------->>>> +0-02 to 104-25 from 104-23
Our intraday range is holding steady....100-09 providing strong overhead resistance. No supply dumps from mortgage bankers yet....