MBS are now down 3 ticks (.09) on the day. These are the lowest levels and more than an eighth of a point below most lenders' rate sheet print times. As such, negative reprices are increasingly possible.
10yr yields are up 2.4bps at 4.47 -- the highs of the day, but just barely.
MBS are now down 3 ticks (.09) on the day. These are the lowest levels and more than an eighth of a point below most lenders' rate sheet print times. As such, negative reprices are increasingly possible.
10yr yields are up 2.4bps at 4.47 -- the highs of the day, but just barely.