MBS & US Treasury Markets
3/25 1:15:41AM EST : Delayed Data

Apparently, bonds aren't quite done responding to escalation/de-escalation headlines for the day, and the latest examples are having the biggest impact. 

ISRAELI CHANNEL 12: ONE-MONTH CEASEFIRE TO BE ANNOUNCED UNDER MECHANISM BEING DEVELOPED BY WITKOFF & KUSHNER

MBS are quickly back up to unchanged levels. Same story for 10yr yields, now unchanged at 4.346.

08:51 AM

Losing ground in choppy trading as oil rebounds. MBS down a quarter point and 10yr up 4.2bps at 4.389

09:54 AM

weakest levels. MBS down 11 ticks (.34) and 10yr up 6.2bps at 4.409

12:30 PM

Off lows, but choppy.  MBS down 5 ticks (.06) and 10yr up 2.6bps at 4.373

01:03 PM

Bumpy 2 year Treasury auction causing weakness.  MBS down 3/8ths again and 10yr up 7.2bps at 4.42

03:33 PM

recovering a bit after "war over soon" headlines. MBS still down 6 ticks (.19) and 10yr up 3.8bps at 4.385