MBS ALERT: New Lows Made as UST10YR Crosses 3.32%

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The FN 4.5 just made a new intraday low as the 10yr ticked over 3.32. While the rate sheets we've seen are already worse than yesterday's,  some lenders may still reprice for the worse.

Currently the FN 4.5 is -0-11 at 101-17

Happy Friday!