The up in coupon pace has slowed. Rates still stable.

FN30__________________________________                                  

FN 4.5 -------->>>> -0-01 to 101-03 from 101-04                                        

FN 5.0 -------->>>> +0-02 to 102-05 from 102-03                                   

FN 5.5 -------->>>> +0-02 to 102-20 from 102-18    

FN 6.0 -------->>>> +0-03 to 103-12 from 103-09                                        

GN30__________________________________

GN 4.5 -------->>>> -0-02 to 101-18 from 101-20

GN 5.0 -------->>>> +0-01 to 102-21 from 102-20

GN 5.5 -------->>>> +0-03 to 103-01 from 102-30

GN 6.0 -------->>>> +0-04 to 103-19 from 103-15

The Federal Reserve participated in $23.220BN Agency MBS transactions between February 5 and February 11.

This brings total Federal Reserve Agency MBS purchases to $114.96BN. The Fed has used 22.99% of its initially allotted $500bn.

Look who got the attention this week...