MBS MORNING: Breathe Easy.Mortgages Find Support In The Range
The FN 4.0 is currently -0-05 at 98-01 yielding 4.203% while the FN 4.5 is trading 6/32 lower at 100-20 yielding 4.426%. The secondary market current coupon is 4.370%. The FN 4.5 yield is 95.7bps over the 10yr TSY yield, wider than this morning….(read more)
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