|This email was sent to you by:|
Tonya W. Kenon |
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
Treasuries and MBS Put up a Good Fight
Posted to: Micro News
Friday, February 08, 2013 12:50 PM
After breaking support at 1.953, benchmark 10yr yields quickly rose to 1.99 taking fannie 3.0’s to a low of 103-01 causing a few lenders to reprice worse. Since, yields have fought back bringing the 10yr to 1.96 and the fannie 3.0 up to 103-08. Positive reprices are not a given but possible.
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.