MBS are now down an eighth of a point on the day and a quarter point from some lenders' rate sheet print times. As such, negative reprices are increasingly possible in some cases and increasingly likely in others.
10yr yields are up 4.5 bps at 4.209.
Stronger overnight and no major reaction to ADP data. MBS up an eighth of a point and 10yr down 3.6bps at 4.127
Losing ground as stocks rally. 10yr up 1.7bps at 4.179 and MBS unchanged.
More weakness. MBS down an eighth of a point now and 10yr up 4.8 bps at 4.21
MBS are now down an eighth of a point on the day and a quarter point from some lenders' rate sheet print times. As such, negative reprices are increasingly possible in some cases and increasingly likely in others.
10yr yields are up 4.5 bps at 4.209.