Weaker overnight vs Monday's late-day rally levels. Stronger vs 3pm close. 10yr at 4.124. MBS down 19bps from 5pm, but up a few bps vs 3pm.
MBS down 5 ticks (.16) on the day and 10yr up 2.5bps at 4.12
MBS down 3 ticks (.09) and 10yr up 1.6bps at 4.112
MBS down 7 ticks (.22) and 10yr up 4.6bps at 4.142
For those on a fence after the last alert, this is a heads up that bonds are bouncing back reasonably well with 10yr yields now back in the day's pre-sell-off range, up 3.9bps at 4.134.
MBS are now only down 3 ticks (.09) from the intraday highs, which makes reprices less likely.