MBS & US Treasury Markets
10/5 10:25:18AM EST : Delayed Data

More weakness since the first alert. MBS now unchanged on the day and down 3/8ths from highs and a quarter point from early rate sheet times. Negative reprices are becoming more likely for jumpier lenders. 

No new reasons for selling, just an ongoing reconsideration of what this morning's data meant. 

10:07 AM

Modestly weaker at the open, but holding ground after ISM. 10yr up 1.7bps at 5.296. MBS down 1 tick (.03).