I will agree that following the Fannie Mae/10 Yr Treasury is a bit like watching paint dry...But we are seeing a bit of an uptick in the spread at the end of this past week.
Key Metrics as of April 16, 2010:
30 Day FNMA Mandatory Commitment: 4.80205%
10 Yr Treasury Yield: 3.77%
Current Spread: 1.03205%
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