MBS & US Treasury Markets
3/12 7:03:14AM EST : Delayed Data

MBS are now down more than a quarter point on the day (10 ticks or 0.31) after headlines regarding truce talks between Ukraine and Russia.  Most lenders are seeing at least an eighth of a point of weakness now, so the jumpier crowd could be closer to repricing.

10yr yields are up 6.5bps at the highs of the day (4.276).