Bonds are under a modicum of pressure after starting the day in stronger territory. The stronger GDP reading is the easiest culprit to blame, even though the data is fairly stale at this point (Q3).
MBS are now down 1-2 ticks (.03-0.06) and 10yr yields are up roughly 1bp at 4.169
Bonds are under a modicum of pressure after starting the day in stronger territory. The stronger GDP reading is the easiest culprit to blame, even though the data is fairly stale at this point (Q3).
MBS are now down 1-2 ticks (.03-0.06) and 10yr yields are up roughly 1bp at 4.169