MBS OPEN: Nearly Unchanged From Yesterday As Treasuries Rally
Since 5pm "Going Out" Marks....
FN30________________________________
FN 4.0 -------->>>> +0-01 to 100-05 from 100-04
FN 4.5 -------->>>> +0-01 to 101-30 from 101-29
FN 5.0 -------->>>> +0-01 to 102-30 from 102-29
FN 5.5 -------->>>> +0-02 to 103-25 from 103-23
FN 6.0 -------->>>> +0-01 to 104-26 from 104-25
GN30________________________________
GN 4.0 -------->>>> +0-00 to 100-05 from 100-05
GN 4.5 -------->>>> +0-01 to 102-02 from 102-01
GN 5.0 -------->>>> +0-03 to 103-21 from 103-18
GN 5.5 -------->>>> +0-00 to 104-05 from 104-05
GN 6.0 -------->>>> +0-01 to 104-24 from 104-23
Treasuries (better prices mean lower yields)
2yr-------->>>> +0-01 to .847%
3yr-------->>>> +0-02 to 1.290%
5yr-------->>>> +0-04 to 1.946%
7yr-------->>>> +0-06 to 2.581%
10yr-------->>>> +0-06 to 3.088%
30yr-------->>>> +0-10 to 4.071%
Curve Trend: Steepener
PPI and Jobless claims are about to come out. Stay tuned for effects shortly.