Bonds have been selling a bit quicker in the past hour as Trump talks about increased defense spending (Treasury issuance implications).
10yr yields are still in the range, but up 2.7bps at 4.19.
MBS are down 5 ticks (.16) on the day and an eighth of a point from many lenders' rate sheet print times. Jumpier lenders could be considering reprices.
Bonds have been selling a bit quicker in the past hour as Trump talks about increased defense spending (Treasury issuance implications).
10yr yields are still in the range, but up 2.7bps at 4.19.
MBS are down 5 ticks (.16) on the day and an eighth of a point from many lenders' rate sheet print times. Jumpier lenders could be considering reprices.