MBS ALERT: Rate Sheets Beware of Parnertia
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After hitting intraday highs following the 5yr auction, rate sheet influential MBS prices fell 6 ticks (6/32) to the lows of the day. Although we are not panicking, a downward trend is developing...beware of lenders with an itchy trigger finger. REPRICES FOR THE WORSE are a possibility...PARNERTIA is pulling