MBS at Weakest Levels, Underperforming :
There is some MBS-specific weakness in the bond market this afternoon with 5.0 coupons down a quick 2 ticks (.06). The resulting levels are no lower than the AM lows, but the departure from Treasuries is interesting.
Follow us on Youtube !!!
Daily video commentary offering detailed discussion of bonds/MBS/mortgages, lock vs float considerations, loan pricing, market trends, data, events, and other important topics for loan originators.
https://t.co/SF1KytgNFq