The reprice alert siren has been turned off for now. The FN 4.5 bounced at 100-28 and is now currently trading +10/32 at 101-00...off the highs of the day. Chopitility persists heading into 1pm bond ...
The important conversation about MBS coupons was partially covered in the AM commentary. Check it out if you haven't. A more detailed discussion is available in today's recap video. As to why it's an ...