Michael Levine
Senior Loan Officer
CrossCountry Mortgage
License:
307827
MBS & US Treasury Markets
5/12 2:20:47PM EST : Delayed Data

MBS are down another 2-3 ticks (.06 - .09) from the previous lows, slightly increasing negative reprice risk.

10yr yields are up 4.8bps at 4.457--not much higher than previous highs. There haven't been any notable moves since the selling mentioned in the last alert.

08:30 AM

No major reaction to CPI. 10yr up 2.9bps at 4.438 and MBS are down only 2 ticks (.06).

09:39 AM

MBS down 5 ticks (.16) and 10yr up 4.2bps at 4.451

02:03 PM

Weakest levels. MBS down a quarter point and 10yr up 5.2bps at 4.461

Michael Levine
Senior Loan Officer
CrossCountry Mortgage
License:
307827