Initially stronger overnight with moderate selling just before the open. MBS down 2 ticks (.06) and 10yr up 1.5bps at 4.391
Weaker after JOLTS, but stabilizing now. MBS down an eighth and 10yr up 2.2bps at 4.397
Weakest levels. MBS down 6 ticks (.19) and 10yr up 3.5bps at 4.41
MBS are just barely pushing into new lows for the day, down just over an eighth from some lenders' AM rate sheet print times. The jumpier crowd could be closer to considering pulling the trigger now--especially with treasuries more clearly edging to the day's weakest territory.