Tuesday’s bond market has opened in negative territory following overnight selling that has extended into the morning session. Stocks are also in selling mode with the Dow down 500 points and the Nasdaq down 180 points. The bond market is currently down 13/32 (1.83%), causing another increase of approximately .375 of a discount point if compared to Friday’s early pricing. If you saw an intraday increase Friday before closing, you should see a smaller increase in this morning’s pricing. The markets were closed yesterday in observance of the Martin Luther King Jr. holiday.
30 yr - 1.83%