Reprices for the Worse Reported After Mortgages Hit New Price Low
By:
Matthew Graham
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- FN 4.5's down 8 ticks on the day at 100-08
- 10yr tsy yield continuing to test 3.80 support
- Either you've already seen reprices for the worse, or you will
- but in a slightly longer time-frame, no major shift in trend.
Even as MBS and Treasuries have worsened further in recent minutes, they are not showing a clear disposition toward crossing into more significant levels of weakness. For MBS, that's 100-06 in the 4.5, and for treasuries, 3.80 in the 10yr.
Charts tell all:
