Widespread Reprices For The Worse Reported as Stocks Rally From Lows

By: • Fri, May 21 2010, 11:59 AM

Stocks are rallying and rates are selling off.

The S&P is currently +1.33% at 1085.88 after hitting an intraday low of 1056.....

The 10yr TSY note is flat on the day yielding 3.216%...

The FN 4.5 is -0-04 at 102-08. Widespread reprices for the worse have been reported.