Monday’s bond market has opened in negative territory, extending Friday’s late weakness. Stocks are mixed with the Dow down 20 points and the Nasdaq up 112 points. The bond market is currently down 4/32 (4.43%), which should cause an increase of approximately .125 of a discount point in this morning’s mortgage rates.
4/32
Bonds
30 yr - 4.43
20
Dow
39,982
112
NASDAQ
16,798