MBS- FNMA 4.5 price: 100-24
10-yr Treasury Yield: 3.73%
Deterioration on both today.
Seeing some improvement in the MBS market. Could possibly move rates lower today.
After some upward pressure earlier in the week the pendulum is swinging back in favor of rates dropping.
We may well see some improving conditions today. Yesterday went in the right direction, and the bond market yield continues to decrease today.
Seeing modest improvement today so far. Maybe we’ll see some pricing breaks today.
Ever so slight improvement vs. Friday. We’ll see where it goes today.
Big jumps in both of these today, everyone. Rates will likely climb in today’s market.