MBS & US Treasury Markets
6/10 3:24:25PM EST : Delayed Data

MBS are now down 5 ticks (.16) on the day and nearly a quarter point from morning rate sheet print times. Negative reprices are becoming likely among the jumpier lenders and increasingly possible for others. 

There's no new news behind the weakness. Oil is only contributing modestly. Most the selling is bond-market-specific. 

08:41 AM

Slightly stronger after CPI. MBS up 1 tick (.03) and 10yr up 0.6bps at 4.526 (down from 4.538 before the data).

11:34 AM

little changed from earlier levels. MBS up 1 tick (.03) and 10yr roughly unchanged at 4.519

11:55 AM

Some volatility after Trump comments on attacking Iran. MBS down 1 tick (.03) and 10yr up 1bp at 4.529

02:55 PM

Bouncing back from weakest levels. MBS now down 3 ticks (.09) vs 6 ticks (.19) earlier.  10yr now up 2.3bps at 4.541 vs intraday highs of 4.559