MBS ALERT: Slow Flows Indecisive Marketplace
The MBS marketplace is slow and sluggish this morning. Prices held relatively stable after data releases but bids quickly fell once the 10 yr note began aggressively testing its 3.13% support. (loan supply dump perhaps met with light Fed demand...not sure yet)
Since 5pm "Going Out" Marks....
FN30________________________________
FN 4.0 -------->>>> -0-07 to 100-01 from 100-08
FN 4.5 -------->>>> -0-04 to 101-26 from 102-00
FN 5.0 -------->>>> -0-04 to 102-26 from 103-00
FN 5.5 -------->>>> -0-02 to 103-21 from 103-23
FN 6.0 -------->>>> -0-03 to 104-23 from 104-26
GN30________________________________
GN 4.0 -------->>>> -0-03 to 100-06 from 100-09
GN 4.5 -------->>>> -0-07 to 101-29 from 102-04
GN 5.0 -------->>>> -0-07 to 103-17 from 103-24
GN 5.5 -------->>>> -0-02 to 104-03 from 104-05
GN 6.0 -------->>>> -0-02 to 104-21 from 104-23