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Modestly weaker overnight and sideways so far. MBS down 2 ticks and 10yr up 1.2bps at 4.176
Weakest levels of the day on defense spending comments. MBS down an eighth and 10yr up 2.4bps at 4.187
Bouncing back now. MBS unchanged and 10yr up 1.6bps at 4.179
Holding sideways near unchanged levels in MBS, currently down 1 tick (.03). 10yr yields up 1.1bps at 4.174
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Bonds have been selling a bit quicker in the past hour as Trump talks about increased defense spending (Treasury issuance implications).
10yr yields are still in the range, but up 2.7bps at 4.19.
MBS are down 5 ticks (.16) on the day and an eighth of a point from many lenders' rate sheet print times. Jumpier lenders could be considering reprices.