Wednesday’s bond market has opened in positive territory despite early stock gains and few headlines to drive trading. The Dow and Nasdaq are both up slightly more than 200 points in early trading. The bond market is currently up 7/32 (4.38%), which should improve this morning’s mortgage rates by approximately .125 of a discount point.
7/32
Bonds
30 yr - 4.38%
202
Dow
44,443
205
NASDAQ
20,624