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Choppy, sideways, but slightly stronger overnight. MBS up 3 ticks (.09) and 10yr down about half a bp at 4.367
Gains continue. MBS up a quarter point and 10yr down 5.5bps at 4.32
Down an eighth from the best levels of the day, but still up 5 ticks (.16). 10yr down 4bps at 4.333, but up a few bps from best levels.
Avoiding further weakness this afternoon. MBS up 5 ticks (.16) and 10yr down 4.4bps at 4.33
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This alert only really applies to lenders who issued positive reprices earlier today. Any other lender is only seeing a modest drop in prices from rate sheet print times--if any.
5.5 UMBS are down 5 ticks (.16) from the mid day highs seen between 12:40 and 2:00pm ET. Rate sheets that came out during that window are at a higher risk of reprices.
10yr yields are still down 3.6bps on the day at 4.338, but that's up just over 2bps from the lows of the day.
All in all, nothing too dramatic, but negative reprice risk can't be ruled out completely.