MBS ALERT: Lows of the Day. Reprices for Worse Possible

By:

Although not far removed from the tight range that has held all day, the FN 4.5 is at session lows. Considering it's a Friday and many lock desks are enjoying holiday work parties (or holiday work party hang overs)...I would be issuing a reprice for the worse just to avoid having to do extra work.

REPRICES FOR THE WORSE ARE POSSIBLE

UPDATED AT 1:05PM

ITS GOTTEN WORSE!