MBS are now down 9 ticks (.28) on the day and just over an eighth of a point from the AM price plateau. Some of the jumpiest lenders would be in a position to consider negative reprices.
10yr yields are up 3.2bps at the highs of the day 4.149.
Moderately weaker so far with 5.0 coupons down 6 ticks (.19) and 10yr yields up 2.6bps at 4.143
flat since last update. MBS down 6 ticks (.19) and 10yr up 1.9bps at 4.136
Slightly weaker bond auction = slightly weaker response. MBS down 7 ticks (.22) and 10yr up 2.9bps at 4.146
MBS are now down 9 ticks (.28) on the day and just over an eighth of a point from the AM price plateau. Some of the jumpiest lenders would be in a position to consider negative reprices.
10yr yields are up 3.2bps at the highs of the day 4.149.