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after CPI 10yr yields are down 2.9bps at 4.406 and MBS are up an eighth
10yr unchanged 4.434. MBS also unchanged and down just over an eighth from the highs.
weakness continues. MBS down 6 ticks (.19) and 10yr up 4.7 bps at 4.482
Steady, slight selling continues. MBS down 7 ticks (.22) and 10yr up 5.3bps at 4.488
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Lenders who priced after the initial selling at 9:30am were dealing with MBS that were roughly unchanged on the day. Since then, we've fallen another 6 ticks (.19)--more than enough for a jumpier lender to consider a negative reprice.
10yr yields are up 4.9bps at 4.484.