Apparently the MBS rally was too good to last. We've given back all of our gains from earlier this afternoon, with the 5.5% coupon back down to 100-13.
Locking is in order unless you are floating into next week.
Apparently the MBS rally was too good to last. We've given back all of our gains from earlier this afternoon, with the 5.5% coupon back down to 100-13.
Locking is in order unless you are floating into next week.