Back to top

Market Commentary

Home
Market Commentary


 
Today's Coupons
 
  10-Year Notes   99-03.5 (-01) 2.102%  
  FN 3.5% Coupon   104-07 (-01)  
  Support   2.40%  
 
  Resistance   1.62%  
 
 
 
 
 
Today's Blurb Friday, March 13, 2015
 
 
    Producer Price Index (PPI) final demand fell -0.5% in February vs. consensus of +0.3% following a -0.8% drop in January. The energy component was flat in February after declining -10.3% in January, and foods component declined -1.6% after slipping -0.1% in January. Excluding food and Energy PPI posted a monthly drop of -0.5% vs. -0.1% prior (consensus +0.1%). Year-over-year PPI is down -0.6% (consensus +0.0%) and excluding food and energy PPI is up +1.0% (consensus +1.6%). With sluggish inflation the Federal Reserve will have a difficult time raising rates without the risk of deflation. Treasuries got a boost this morning, following the disappointing inflation data and the curve has bear steepened with 2s10s up +0.7 bps.
 
Have A Great Weekend!
 
 
   
 
Today's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  03/13 PPI Final Demand MoM 05:30 Feb 0.3% -0.5% -0.8% -  
                   
  03/13 PPI Final Demand YoY 05:30 Feb 0.0% -0.6% 0.0% -  
                   
 
 
 
NEED ASSISTANCE? PLEASE CALL:
(844) SECONDARY
(844) 732-6632
 
 
 
 
Helpful Links
  Visit Us Online   Submit Loan  
  Get Approved   Resolve Loan Conditions  
  Download Rate Sheet   Conventional Program Guidelines  
  Price & Lock   Government Program Guidelines  
 
 
   
 
  This information is provided solely for informational use and is not intended as trading or investment advice in any manner whatsoever. Sun West Mortgage Company, Inc. is not a licensed or registered broker or dealer and cannot provide investment strategies or recommendations. This information is provided to licensed brokers/lenders only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, prices, guidelines, fees, costs, terms and conditions are subject to change without notice  
 
©2015 Sun West Mortgage Company, Inc. All Rights Reserved