MBS are quickly down an eighth of a point from intraday highs. Most lenders printed rate sheets at a time when levels were slightly lower, but the pace of the selling creates some negative reprice risk.
10yr yields are up 3.5bps at 4.209--challenging a breakout of the trading range.
MBS are quickly down an eighth of a point from intraday highs. Most lenders printed rate sheets at a time when levels were slightly lower, but the pace of the selling creates some negative reprice risk.
10yr yields are up 3.5bps at 4.209--challenging a breakout of the trading range.