Matt Graham
Founder and CEO
MBS Live
MBS & US Treasury Markets
10/3 4:09:00PM EST : Delayed Data

Bonds have been sliding into weaker territory after the 3pm CME close with 10yr yields up 3.8bps at 4.12 and MBS down 6 ticks (.19) on the day. 

Any lender that priced before 10:15am is seeing at least an eighth of a point of weakness in 5.0 coupons.  This is enough for some of the jumpier lenders to consider negative reprices. 

10:01 AM

No major reaction to ISM data.  MBS down 2 ticks (.06) and 10yr up 1.9bps at 4.101

12:03 PM

Off the weakest levels.  MBS down 2 ticks (.06) after being down more than an eighth earlier.  10yr up 2.8bps at 4.109 after hitting 4.117 earlier.

03:34 PM

Weakest levels of the day.  10yr yields up 3.8bps at 4.12 and MBS down 6 ticks (.19) on the day. 

Matt Graham
Founder and CEO
MBS Live