10/29 ... Just ticking negative at the close

By: Matthew Graham
10/29 ...  Just ticking negative at the close

The move has switched from an even distribution on the stack to a decidedly up in coupon move.

We are now 2 ticks down on the day. Short termers, if you haven't seen a reprice yet, this is yet another lock alert. It's getting ugly out here as we cross the finish line on the official close.