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Logically weaker overnight as Iran fighting resumes. MBS down an eighth and 10yr up 2bps at 4.628
Weakest levels. MBS down 7 ticks (.22) and 10yr up 4.1bps at 4.648
First move is stronger after Fed holds rates. MBS approaching unchanged levels and 10yr still up 1.4bps on the day at 4.62
weakest levels. MBS down 9 ticks (.28) and 10yr up 8.6bps at 4.693
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MBS are now at new lows for the day with 5.5 coupons down 10 ticks (.31) in total and 5-6 ticks (.16-.19) from the morning price plateau. Most lenders could technically justify a negative reprice at this point, but especially those who repriced for the better this afternoon.