Reprices Reported After MBS Break Support. Now Back Inside the Range
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REPRICES FOR THE WORSE HAVE BEEN REPORTED...
The November FNCL 4.0 is back in its range now though, currently -0-03 at 102-04. A few reprices for the better have been passed along since then but not too many.
10s found their way back to a our fibonacci fan. The 2.625% coupon bearing 10 year TSY note is currently -11/32 at 98-26 yielding 2.763%. 10s hit 2.794% before reversing course...
Sorry I wasn't quicker on the draw today. Computer problems are abundant...