MBS & US Treasury Markets
11/18 1:39:40PM EST : Delayed Data

Bonds have been gradually selling off for the past 25 minutes. 10yr yields are still down 1.1bps on the day, but up to 4.13 versus lows of 4.08+.

MBS are still up 2 ticks (.06) on the day, but down an eighth of a point from AM highs. Because those highs were fairly consistent during lender rate sheet print times, negative reprices are now becoming possible for the jumpiest lenders. 

09:56 AM

Stronger overnight with some additional gains after ADP data.  MBS up 6 ticks (.19) and 10yr down 4.8 bps at 4.091

11:39 AM

MBS up 3 ticks (.09) but down an eighth from AM highs.  10yr down 1.5bps at 4.125 but up 4bps from AM lows.