Mortgage Advisor & VA Loan Specialist
VA Loan Guy
License:
317293
MBS & US Treasury Markets
6/17 4:29:26PM EST : Delayed Data

MBS are now down nearly 3/8ths of a point on the day and half a point from pre-Fed levels. If you haven't seen a negative reprice yet, you will. 

The primary driver was the dot plot at 2pm. The Warsh press conference added weakness for a variety of reasons that will be discussed in today's recap.

08:33 AM

Flat overnight and no reaction to data. MBS unchanged and 10yr unchanged at 4.44.

11:30 AM

MBS up 1 tick (.03) and 10yr down 1bp at 4.431

02:17 PM

MBS down an eighth and 10yr up 1.2bps at 4.455

03:10 PM

MBS down 10 ticks (.31) and 10yr up 3.2bps at 4.473

Mortgage Advisor & VA Loan Specialist
VA Loan Guy
License:
317293