MBS & US Treasury Markets
4/7 2:08:47PM EST : Delayed Data

MBS are down nearly half a point on the day now and more than a quarter point from most lenders' rate sheet print times.  As such, negative reprices are more likely than not.

10yr yields are "only" up 13.2bps at 4.137 versus the brief visit to 4.18 earlier this morning.

10:01 AM

Weaker overnight with more selling early.  MBS down 3 ticks (.03) and 10yr up 6bps at 4.065

10:18 AM

Additional losses on "tariff pause" headlines.  MBS down 3/8ths and 10yr up 14.4bps at 4.151