MBSonMND: MBS RECAP
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FNMA 3.5
103-23 : +0-23
FNMA 4.0
105-21 : +0-12
FNMA 4.5
106-26 : +0-08
FNMA 5.0
108-03 : +0-05
GNMA 3.5
105-10 : +0-25
GNMA 4.0
107-23 : +0-17
GNMA 4.5
109-11 : +0-11
GNMA 5.0
110-15 : +0-05
FHLMC 3.5
103-20 : +0-19
FHLMC 4.0
105-17 : +0-13
FHLMC 4.5
106-18 : +0-08
FHLMC 5.0
107-26 : +0-05
Pricing as of 4:00 PM EST
Afternoon Market Updates
A recap of MBS Market Updates provided by MND Analysts and streamed live to the MBSonMND Dashboard .
1:59PM  :  Gloom and Doom Push German Yields to Record Lows
(Reuters) - German bond yields slumped to record lows on Thursday one day after the U.S. Federal Reserve flagged significant risks to the world's largest economy and tried to kick-start growth through a rebalancing of its portfolio.

The gloomy Fed outlook and weak data in China and the euro zone prompted a more than 4 percent sell-off in global stocks as investors sought security in German government bonds, while the euro zone debt crisis raged on.

Greece has yet to receive its next bailout aid tranche -- without which it could run out of money in weeks. Greek workers staged a 24-hour strike on Thursday forcing the transport system to a standstill in protest against the government's intensified austerity drive aimed at securing those funds.

"The Fed had a pretty gloomy prognosis of the U.S. economy ... that clearly has unnerved investors and prompted a new flight to quality into Bunds," said Nick Stamenkovic, strategist at RIA Capital Markets. "On top of that there's huge uncertainty still about what's going to happen to Greece."

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Featured Market Discussion
A recap of the featured comments from the Live Discussion on the MBSonMND Dashboard .
Steven Bote  :  "SPM reprice better"
Jason York  :  "looks like SunTrust is repricing"
Oliver S. Orlicki  :  "pfg .5% on the day"
Mike Drews  :  "GMAC is repricing again"
Mike Drews  :  "found that they improved by about .2 and added rates under 3.75%"
Jeff Statz  :  "Drews, what did you find from that chase reprice?"
Timothy Baron  :  "floated yesterday, locking everything today."
Chris Kopec  :  "I'm advising customers I haven't seen it this low, and don't know how long it will last.....making the customer take ownership of the lock."
Mike Drews  :  "and they were my c30 leader..this should be interesting"
Mike Drews  :  "Chase is repricing"
Matthew Graham  :  "and remember, pipeline control can arise both from capacity and fear that lower rates will cause fall-out issues, renegs, cannibalization, etc."
Matthew Graham  :  "from yesterday afternoon: "On the other side of the coin, imagine what's happening and what will continue to happen at lock desks... Constant threat of pipeline control reprices in the near future.""
John Paul Mulchay  :  "reprice worse?? Pipeline control?3"
Grant R. Menard  :  "Hats off to MND team for basically predicting this low level (although not this low).. over a year ago. I look like a guru to my prospective client base. Reaping the benifits now."
Ray J  :  "PF .25 better..."
Adam Quinones  :  "lmao good perspective John. With the Fed wavin in duration and 3.5s already trading at 50% hedge ratio vs. 10s, anything is possible."
John Rodgers  :  "AQ, I hope that putting that 3.0 up there isn't like talking to your goalie during a shutout"
Ira Selwin  :  "nice - even some of the expensive competitors dont have the 3 coupon listed"
Steven Stone  :  " bring on the 2.5s"
Victor Burek  :  "just noticed the 3.0 was added...think room needs to be made for the 2.5 coupon"