MBS are down another 2-3 ticks (.06 - .09) from the previous lows, slightly increasing negative reprice risk.
10yr yields are up 4.8bps at 4.457--not much higher than previous highs. There haven't been any notable moves since the selling mentioned in the last alert.
MBS are down another 2-3 ticks (.06 - .09) from the previous lows, slightly increasing negative reprice risk.
10yr yields are up 4.8bps at 4.457--not much higher than previous highs. There haven't been any notable moves since the selling mentioned in the last alert.