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moderately weaker overnight. with most of the losses seen in the last 2 hours. MBS down a quarter point and 10yr up 4.7bps at 4.308. 2yr yield is up twice as much as market reacts to Fed day
Back to unchanged in MBS and up half a bp in 10yr at 4.267
Off best levels. MBS down 6 ticks (.09) and 10yr up 2.3bps at 4.284
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MBS are down 6 ticks on the day (.19) and roughly 6 ticks from the AM highs. Lenders who priced or repriced around the time of those highs could be considering negative reprices.