Bonds just turned green (both Treasuries and MBS) and the move largely mirrors stock losses at the 9:30am NYSE open with the S&P shedding a quick 20 points.
10yr yields are now down nearly 1bp and 2.0 UMBS are up an eighth of a point.
There is no specific piece of news driving the move for either side of the market.
| Rate | Change | Points | |
|---|---|---|---|
| 30YR Fixed | 7.30% | +0.12 | -- |
| 15YR Fixed | 6.92% | +0.09 | -- |
| 30YR FHA | 6.89% | +0.07 | -- |
| 30YR Jumbo | 7.40% | +0.03 | -- |
| 7/6 SOFR | 6.80% | +0.31 | -- |
| 30YR VA | 6.90% | +0.07 | -- |
| Rate | Change | Points | |
|---|---|---|---|
| 30YR Fixed | 7.30% | +0.18 | 0.75 |
| 15YR Fixed | 6.76% | +0.33 | 0.98 |
| 30YR FHA | 7.02% | +0.24 | 1.07 |
| 30YR Jumbo | 7.20% | +0.05 | 0.48 |
| 7/6 SOFR | 6.29% | +0.19 | 1.00 |
