MBS are now down a quarter point on the day and almost as much versus lender rate sheet print times. 10yr yields are up 4 bps at 4.71.
Negative reprices are becoming more likely.
Sideways to slightly weaker. MBS down 1 tick (.03) and 10yr up 1bp at 4.68
MBS down a quick eighth after Warsh speech and 10yr up 1.5bps at 4.686 (2yr up almost 7bps).
MBS down nearly 3/8ths and 10yr up 5.4bps at 4.724
MBS are now down a quarter point on the day and almost as much versus lender rate sheet print times. 10yr yields are up 4 bps at 4.71.
Negative reprices are becoming more likely.