|This email was sent to you by:|
Harry Chriest |
Mortgage News Daily
Email alerts, such as this one, are a free service
provided by Mortgage News Daily. If you would like to receive an alert when important news breaks
please register to join our community
Lingering Reprice Risk As Afternoon Support Breaks
Posted to: Micro News
Wednesday, December 12, 2012 3:57 PM
MBS have moved back toward their lows after holding onto a supportive ledge of prices at 104-25 for the past hour. The move lower hasn't been sharp (currently 104-22), but it does leave the door open for reprice risk into the close. Additionally, it unwinds the previous hope that MBS would bounce back into morning range.
More from MND:
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.