MBS is under pressure at the open....but still outperforming TSYs

APRIL FN30_______________________________

FN 4.0 -------->>>> -0-05 to 98-29 from 99-02

FN 4.5 -------->>>> -0-05 to 100-30 from 101-03

FN 5.0 -------->>>> -0-03 to 102-06 from 102-09

FN 5.5 -------->>>> -0-02 to 102-28 from 102-30

FN 6.0 -------->>>> +0-00 to 103-17 from 103-17