Lenders that haven't already reprice for the worse may now be inclined to do so as we are at the lowest point of the last two sessions by a decent margin...
Two important things to remember here:
- this is not data driven and it is occurring after the book close (3pm).
- no data of substance today and extremely light volume.
So do be aware of potential reprices for the worse, but don't take this an a "sky is falling" type of alert.l