Bonds continue pressing into weaker territory as the damage to the stock market from Huang's resignation is giving way to GAINS for the NASDAQ (NVDA down 5% now vs 13% pre-market).
MBS are down just over half a point and more than a quarter point since 9:30am ET. Negative reprices are increasingly possible.
Bonds continue pressing into weaker territory as the damage to the stock market from Huang's resignation is giving way to GAINS for the NASDAQ (NVDA down 5% now vs 13% pre-market).
MBS are down just over half a point and more than a quarter point since 9:30am ET. Negative reprices are increasingly possible.