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MBS MORNING: Rebounding Now..
by Matthew Graham
Posted Nov 21 2008, 09:44 AM
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After falling all the way to 99-24, the

Current MBS Price and Day Over Day Change:

FN 5.5 30YR MBS = 100-05  .... -0-12 (12 ticks)

 

This is in the bottom of yesterday's trading range and there is excellent support around 100-02.  If you don't have rates yet, at this point, we should float until further notice.

 

 

 
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Bill Eggleston  |  Contact or Connect with this Member
on Fri, Nov 21 2008 10:05 AM

I think I'm going to need some Dramamine today!

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