Monday’s bond market has opened in negative territory following the somewhat of a holiday weekend. Stocks are rebounding from Friday’s heavy selling, pushing the Dow up 114 points and the Nasdaq up 237 points. The bond market is currently down 21/32 (1.55%), but late gains Friday should allow this morning’s rates to be close to Friday’s early levels. If you saw an afternoon improvement in pricing before closing, you should see an increase of the same size in this morning’s rates.
30 yr - 1.55%