Good Morning. Stock Futures are indicating a positive open and TSYs rates are slightly improved. (Who is going to give in first?)

MBS is flat. I posted an explanation of "The Roll" last night. LINK

Opening Marks...

APRIL FN30_____________________________

FN 4.0 -------->>>> +0-01 to 98-20 from 98-19

FN 4.5 -------->>>> +0-00 to 100-21 from 100-21

FN 5.0 -------->>>> +0-02 to 102-00 from 101-30

FN 5.5 -------->>>> +0-03 to 102-23 from 102-20

FN 6.0 -------->>>> +0-00 to 103-09 from 103-09

MARCH GN30_________________________________

GN 4.0 -------->>>> -0-03 to 98-29 from 99-00

GN 4.5 -------->>>> -0-01 to 101-08  from 101-09

GN 5.0 -------->>>> -0-02 to 102-21 from 102-23

GN 5.5 -------->>>> -0-01 to 103-10 from 103-11

GN 6.0 -------->>>> -0-02 to 103-19 from 103-21