Monday’s bond market has opened in positive territory despite a lack of relevant economic headlines. Stocks are showing early gains with the Dow up 140 points and the Nasdaq up 63 points. The bond market is currently up 6/32 (4.25%), which should offset some weakness late Friday and keep this morning’s mortgage rates close to Friday’s early pricing. If you saw an intraday increase in rates Friday, you should see an improvement this morning.
6/32
Bonds
30 yr - 4.25%
140
Dow
43,959
63
NASDAQ
20,336