No real reaction to NFP revision estimates. Modest overnight weakness remains. MBS down an eighth and 10yr up 2.4bps at 4.063
A bit more weakness in Treasuries with 10yr up 3.7bps at 4.077. MBS down an eighth.
Recovering slightly after 3yr auction. 10yr up 2.7bps at 4.066 and MBS down 3 ticks (.09).
Weakest levels. MBS down 6 ticks (.19) and 10yr up 4.2bps at 4.081
If you haven't seen a reprice for the worse yet, chances are increasing. MBS are now down 6 ticks (.19) from many lenders' rate sheet print times versus 4 ticks (.125) at the time of the previous alert.