Fannie 4.0 are down another 2 ticks (0.06) from the time of the last alert. 10yr yields are back up to 3.166. While that's still 3.6 bps lower on the day, it's also more than 5bps higher from intraday lows.
Negative reprices are now becoming likely for the aggressive/jumpy lenders, and slightly more possible for the average lender.
