neutralFriday, May 22, 2026
UMBS 5.0 faded to 97.53 (+0.03 from close) by midday — giving back most of Friday's opening 14-bp gap. 10yr back to 4.57%.
10yr Treasury: 4.57%(+0.02)By David Burson
Morning's gains mostly gave back by midday. Thin pre-holiday volume left the opening pop fragile, and Iran peace-deal skepticism knocked bonds off their highs. The 30-year rate holds at 6.65%. Rate sheets may give back some early improvement before the 2pm close.
— David Burson, NetRate Mortgage
Market commentary is for informational purposes only and does not constitute financial advice. Rates shown are par rates from lender pricing sheets and are subject to change. NMLS #1111861.