Broker Owner
Ingram Company
License:
CA DRE: 01226769
NMLS: 371141 / 358879
MBS & US Treasury Markets
5/9 12:54:48AM EST : Delayed Data

MBS are now down 14 ticks (.44) and 10yr yields are up 10.3bps. Lenders are seeing at least a quarter point of weakness vs rate sheet print times.  As such, negative reprices are becoming likely if you haven't seen them already.  Some lenders will be back for a 2nd reprice. 

09:16 AM

Slightly stronger after AM data, but still weaker on the day.  MBS down 1 tick (.03) and 10yr down 1.3bps at 4.283

10:40 AM

weakest levels of the AM.  MBS down 6 ticks (.19) and 10yr up 4.6bps at 4.316

02:46 PM

sharply weaker after auction with MBS down 3/8ths and 10yr up 10bps at 4.37

Broker Owner
Ingram Company
License:
CA DRE: 01226769
NMLS: 371141 / 358879