Moderately weaker overnight on a combo of oil and corporate bond issuance. MBS down 5 ticks (.16) and 10yr up 2.4bps at 4.637
MBS Down 7 ticks (.22) and 10yr up 4.5bps at 4.658
MBS now down 10 ticks (.31) and 10yr up 5.9bps at 4.673
Sideways at weakest levels. MBS down 9 ticks (.28) and 10yr up 5.9bps at 4.672
MBS are now down 10 ticks on the day (.31) and nearly a quarter point from the AM price plateau. This is well within reprice territory for many lenders and we should start seeing them soon.