Friday’s bond market has opened in negative territory, reversing a good part of yesterday’s late rally. Stocks are contributing to the morning weakness by posting sizable gains in the major indexes. The Dow is currently up 127 points while the Nasdaq has gained 21 points. The bond market is currently down 6/32 (2.36%), but we still should see a slight improvement in this morning’s mortgage rates due to strength late yesterday.
30 yr - 2.36%