MBS & US Treasury Markets
7/21 3:42:33PM EST : Delayed Data

This is more of a heads-up than a true reprice alert.  MBS are still up an eighth on the day and are only down 2 ticks (.06) from most lenders' rate sheet print times.  But any lenders who repriced at or near the highs of the day are now seeing an eighth of a point of weakness and thus could technically justify a reprice.

10yr yields are down 4.8bps at 4.371, but have crept several bps higher since noon.

The best way to use this alert would be as a cue to lock if you were already planning on locking today. 

10:35 AM

stronger overnight and holding gains so far.  MBS up 6 ticks (.19) and 10yr down 6.3bps at 4.357

02:01 PM

still sideways at stronger levels.  MBS up 6 ticks (.19) and 10yur down 5.7bps at 4.363