Senior Loan Officer
Mortgage Company, LLC.
License:
NMLS: #987654321
MBS & US Treasury Markets
2/20 5:59:00PM EST : Delayed Data
A message from Matthew M. Loan:

This is a DEMO marketing message. You can use them for promotional text. Mortgage rates are moving back down so feel free to give me a call or visit my website and I'll give you a quote.

The newswire: TRUMP’S GLOBAL TARIFFS STRUCK DOWN BY US SUPREME COURT

The initial reaction saw quick selling in bonds with 10yr yields rising from 4.07 to 4.10 instantly.  There's been some push back already though and levels will likely be different by the time you read this (currently up 1.2bps at 4.088).

MBS are down an eighth of a point, but only 2 ticks (.06) since this news.  As such, negative reprice risk is limited unless the selling picks back up. 

A message from Matthew M. Loan:

This is a DEMO marketing message. You can use them for promotional text. Mortgage rates are moving back down so feel free to give me a call or visit my website and I'll give you a quote.

Senior Loan Officer
Mortgage Company, LLC.
License:
NMLS: #987654321