Good Morning. The MBS stack is following the supply weary yield curve toward higher rates this morning. Mortgage Rates are a few bps higher this AM.
FN30_____________________________________
FN 4.0 -------->>>> -0-04 to 99-02 from 99-06
FN 4.5 -------->>>> -0-04 to 101-02 from 101-06
FN 5.0 -------->>>> -0-03 to 102-10 from 102-13
FN 5.5 -------->>>> +0-01 to 102-27 from 102-28
FN 6.0 -------->>>> +0-02 to 103-16 from 103-14
TSY yields moving higher
Stocks moving higher