10yr yields hit 1.80% today.  Using the power of the MBS Live search feature, I compiled the following list to put 1.80% in context:

"I'd be looking at 1.80% in 10yr yields as the first threshold of concern. We could weaken as much as we want under that level and it wouldn't even be a mild concern. " - 8/6/19

"yields couldn't make it up and over 1.80% before the consolidation momentum kicked in." (referenced as top of the new sideways range) 8/12/19

"Whenever traders feel utterly confident that the near-term bottom is in, we should see some more meaningful momentum toward higher rates. But until we're moving well above 1.62% and more officially, 1.79%, it's not "over." That's simply how big the selling pressure could be if an average amount of volatility persists. Moving back up to 1.80% would actually be quite healthy and quite good for MBS, assuming that's the extent of the weakness." - 8/19/19

" We can watch 1.55 as a preliminary ceiling. A break above would build a case for a broader correction, but we wouldn't start to worry about such things until 1.62% at the earliest. In fact, even a move to 1.80 would not be enough to derail the prevailing lower rate narrative--assuming a strong show of support after the weakness." -9/3/2019

And then pretty much the entire article from 9/5/19: Beware The Bounce.

So we're now pretty much hoping for that 1.80% show of support to materialize.  If it doesn't it's a LONG way up to levels that have more recent historical volume-implied support (like 1.94+).


MBS Pricing Snapshot
Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is available via MBS Live.
MBS
FNMA 3.0
101-06 : -0-02
Treasuries
10 YR
1.7780 : +0.0450
Pricing as of 9/12/19 6:17PMEST

Today's Reprice Alerts and Updates
A recap of Alerts and Updates provided to MBS Live subscribers.
12:26PM  :  ALERT ISSUED: If You Haven't Seen a Reprice Yet, You Probably Will
10:17AM  :  ALERT ISSUED: Negative Reprice Risk Increasing Quickly on Trade Headline
9:44AM  :  ALERT ISSUED: Post-ECB Gains Evaporate; MBS at Lows
8:24AM  :  ECB Reaction is Positive, But Gains Are Ebbing Ahead of Round 2

MBS Live Chat Highlights
A recap of featured comments from the Live Discussion on the MBS Live Dashboard.
Wendy Smith  :  "I floated through the last few brutal days, but slipped one in before the reprice today. I really appreciate this site!"
Timothy Baron  :  "And I started today off with such optimism."
Tom Schwab  :  "Embrace the suck. This is a healthy retracement. The same issues that got us here still exist. And we will be going back. This current situation lets us teach our customers urgency and that when we call them to refinance to hurry the _ _ _ _ and get back to us to get cracking on a loan application. Plus i could use a weekend day off soon."
Tom Schwab  :  "On the bright side, no more wasted time talking about renegotiation and float downs..."