MBS are now down an eighth of a point from many lenders' rate sheet print times. As such negative reprice risk is increasing.
moderately stronger overnight. MBS up 7 ticks (.22) and 10yr down 2.9bps at 4.973
MBS up almost 3/8ths and 10yr down 4.2bps at 4.959
MBS still up 11 ticks (.34) and 10yr down 4.8bps at 4.954
MBS now down 3 ticks (.09) and 10yr up 1.1bps at 5.011
MBS are now down an eighth of a point from many lenders' rate sheet print times. As such negative reprice risk is increasing.