Updated on April 29, 2016 10:15:45 AM EDT
Yesterday’s 7-year Treasury Note auction went well with several benchmarks showing a strong level of interest in the securities. That likely contributed to yesterday’s afternoon strength in the broader bond market that also led to some lenders improving rates intraday. If your lender did revise rates lower yesterday afternoon, you probably are seeing a small increase this morning. However, the net difference should have this morning’s rates slightly better than yesterday’s morning pricing.