MBS & US Treasury Markets
5/14 5:18:00PM EST : Delayed Data

Negative reprice risk was fairly limited when MBS hit their lows earlier today. Prices are now down another 3 ticks (.09) since then and nearly a quarter point from most lenders' rate sheet print times. This makes negative reprices a more legitimate risk heading into the final hour.

08:30 AM

No drama in Retail Sales data. MBS up an eighth and 10yr down 1.8bps at 4.446

11:06 AM

Minimal change so far. MBS up an eighth and 10yr down 1.2bps at 4.452

02:26 PM

MBS up 2 ticks (.06) on the day, down just over an eighth from the AM highs. 10yr yields are still down 1bp on the day at 4.455

03:25 PM

Weakest levels of the day with 10yr now up 0.1bps at 4.465. MBS are still up 1 tick (.03).

04:19 PM

More selling. MBS down 3 ticks (.09) and 10yr up 1.9nps at 4.484