President
Buckeye Lending Solutions, Inc.
Company NMLS#1838265 LO NMLS#9362 OH LO.012547.001
MBS & US Treasury Markets
7/10 5:01:08PM EST : Delayed Data
09:11 AM
Unchanged MBS and 10yr down half a bp at 4.548
11:13 AM
MBS down 2 ticks (.06) and 10yr unchanged at 4.553
02:19 PM
MBS down 6 ticks (.19) and 10yr up 1.4bps at 4.568
03:35 PM
Off the weakest levels. MBS down an eighth and 10yr up less than 1bp at 4.561
President
Buckeye Lending Solutions, Inc.
Company NMLS#1838265 LO NMLS#9362 OH LO.012547.001
MBS are now down an eighth of a point on the day and an eighth from the price plateau seen during many lenders' rate sheet print times.
As such, the jumpier lenders are now on the threshold of considering negative reprices.
10yr yields are up 1bp at 4.562. There is no specific news or data underlying the selling and the change is very small in the big picture.