slightly stronger overnight with a bit of selling after ADP. MBS still up an eighth and 10yr down 1.3bps at 4.301
Giving up gains after Retail Sales. MBS unchanged and 10yr up half a bp at 4.317
Recovering some ground now. No particular reason. MBS up an eighth and 10yr down 1.2bps at 4.301
MBS up about an eighth and 10yr roughly unchanged at 4.313
MBS are now down just over an eighth of a point from the mid-day highs. Lenders who repriced for the better near the time of those highs could technically justify a negative reprice, but risk is reasonably low unless we lose a bit more ground.