Stocks continue to strengthen and TSY traders have turned bearish. Consequently the yield curve has steepened several bps and rate sheet influential MBS prices have fallen 7 ticks. Aggressive lenders may reprice for the worse.
Stocks continue to strengthen and TSY traders have turned bearish. Consequently the yield curve has steepened several bps and rate sheet influential MBS prices have fallen 7 ticks. Aggressive lenders may reprice for the worse.