Friday’s bond market has opened in negative territory despite favorable economic news. Stocks are showing early gains of 147 points in the Dow and 47 points in the Nasdaq. The bond market is currently down 9/32 (4.49%), which should bring this morning’s mortgage rates back to nearly unchanged from Thursday’s morning pricing. If you didn’t see an intraday revision yesterday, you should see little change this morning.
9/32
Bonds
30 yr - 4.49%
147
Dow
39,534
47
NASDAQ
16,393