MBS & US Treasury Markets
5/8 1:31:20AM EST : Delayed Data
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After several fresh war-related headlines, bonds are moving into negative territory. MBS are now down 1 tick (.03) on the day and more than an eighth from most lenders' rate sheet print times.

10yr yields are up 1.4bps at 4.361.

Headlines in question:

IRAN REJECTS U.S. STRAIT OF HORMUZ DEAL AS ‘UNREALISTIC’

IRAN'S FOREIGN MINISTRY SPOKESPERSON STATED THAT IRAN HAS NOT DECIDED ON THE PROPOSAL AND HAS NOT RESPONDED TO THE U.S. YET.

CIA SAYS IRAN CAN OUTLAST HORMUZ BLOCKADE FOR MONTHS – WAPO

08:32 AM

stronger overnight and no reaction to econ data. MBS up an eighth and 10yr down 1.5bps at 4.331

11:31 AM

moving into weaker territory now. MBS down 1 tick (.03) and 10yr up 1.4bps at 4.361

01:13 PM

New lows for MBS, down 5 ticks (.16) on the day. 10yr up 3.4bps at 4.38

03:00 PM

MBS at new lows, down 9 ticks (.28) and 10yr up 4.3bps at 4.39

A message from :

This is a DEMO marketing message. You can use them for promotional text. Mortgage rates are moving back down so feel free to give me a call or visit my website and I'll give you a quote.