Fn 4.0-> -0-02 to 101-04+ Gn 4.0-> +0-03 at 101-00
Fn 4.5-> -0-02+ to 102-15 Gn 4.5-> +0-09+ to 103-00
Fn 5.0-> +0-00 to 103-11+ Gn 5.0-> -0-07+ to 103-27
Fn 5.5-> +0-00 to 103-22+ Gn 5.5-> -0-07 to 104-01+
Fn 6.0-> +0-01+ to 103-31 Gn 6.0-> -0-02 to 104-01+
Across the stack Feb coupons have sold off a few ticks, Although a large portion of the retracement has taken place in after hours trading we are nervous that some lenders will find reason to post reprices for the worse in the near future. If you are planning on locking today we advise you do so now to avoid any lost bps.