As Iran pushes back on news regarding talks with the US, bonds are quickly correcting.
MBS are still up 5 ticks (.16) on the day but down almost 3/8ths from the highs.
Lenders who aggressively repriced for the better in response to the earlier gains could now be considering negative reprices.
As Iran pushes back on news regarding talks with the US, bonds are quickly correcting.
MBS are still up 5 ticks (.16) on the day but down almost 3/8ths from the highs.
Lenders who aggressively repriced for the better in response to the earlier gains could now be considering negative reprices.