Friday’s bond market has opened in positive territory, recovering a good part of yesterday’s afternoon losses. The major stock indexes are mixed yet again with the Dow up 118 points and the Nasdaq down 61 points. The bond market is currently up 9/32 (1.66%), but heavy selling late yesterday should still cause an increase in this morning’s rates of approximately .125 of a discount point. If you saw an intraday upward revision to rates before closing yesterday, you should see an improvement this morning.
30 yr - 1.66%