Joshua Daniel
President
NAV Home Loans
License:
2708570
MBS & US Treasury Markets
3/13 11:42:19AM EST : Delayed Data

Oil prices and bond yields are spiking a bit after Trump comments that suggested an uncertain timeframe for the Iran war.

MBS are now unchanged on the day, down 6 ticks (.19) from some lenders' rate sheet print times. Most lenders are in a position to consider a negative reprice, but only the jumpier lenders tend to pull the trigger at this level of weakness. 

10yr yields are unchanged at 4.266.

08:33 AM

Sideways to slightly stronger and a modestly positive reaction to the 8:30am data. MBS up an eighths and 10yr down 1.34bps at 4.252

Joshua Daniel
President
NAV Home Loans
License:
2708570