MBS are now down 10 ticks on the day (.31) and nearly a quarter point from the AM price plateau. This is well within reprice territory for many lenders and we should start seeing them soon.
Moderately weaker overnight on a combo of oil and corporate bond issuance. MBS down 5 ticks (.16) and 10yr up 2.4bps at 4.637
MBS Down 7 ticks (.22) and 10yr up 4.5bps at 4.658
MBS now down 10 ticks (.31) and 10yr up 5.9bps at 4.673
MBS are now down 10 ticks on the day (.31) and nearly a quarter point from the AM price plateau. This is well within reprice territory for many lenders and we should start seeing them soon.