|
|
|
MBS up about an eighth and 10yr down 2.4bps at 4.446
Losing ground in the NYSE session. 10yr up 0.4bps at 4.474. MBS back to unchanged.
New lows. MBS down 3 ticks (.09) and 10yr up 2.4bps at 4.492
Decent late bounce. 10yr roughly unchanged at 4.47. MBS down 1 tick (.03)
|
|
|
|
This is an amplification of the previous alert as bonds continue to struggle to push back against AM weakness. 10yr yields are up 3.2bps to the highs of the day at 4.502.
MBS are down an eighth on the day and quarter point from the average price during most lenders' rate sheet windows. Several lenders have already repriced, and the risk is increasing for those who haven't.
On the bright side, there's no new news driving these losses, and momentum looks to be leveling off at the moment.