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Market Commentary


 
Today's Coupons
 
  10-Year Notes   98-21 (-06) 1.775%  
 
  FN 3.5% Coupon   104-26.5 (-0.5)  
 
  Support   2.050%  
 
  Resistance   1.700%  
 
 
 
 
Today's Blurb Monday, April 18, 2016
 
 
          This week’s calendar is sparse only data on housing and manufacturing. Tomorrow we get Housing Starts, followed by Existing Home Sales on Wednesday, FHFA House Prices on Thursday and PMI Manufacturing on Friday. There is nothing on the calendar for today. Treasuries gained overnight as oil slipped back below $40.00 a barrel after producers failed to reach an agreement to cap production at the Doha meeting this past weekend. The curve has steepened with 2s10s up 1.1 bps.
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  04/18 NAHB Housing Market Index 07:00 Apr 59.00 58.00 58.00 -  
                   
  04/19 Housing Starts 05:30 Mar 1170K - 1178K -  
                   
  04/19 Housing Starts MoM 05:30 Mar -0.70% - 5.20% -  
                   
  04/19 Building Permits 05:30 Mar 1200K - 1167K 1177K  
                   
  04/19 Building Permits MoM 05:30 Mar 2.00% - -3.10% -2.20%  
                   
  04/20 MBA Mortgage Applications 04:00 15 Apr  - - 10.00% -  
                   
  04/20 Existing Home Sales 07:00 Mar 5.26M - 5.08M -  
                   
  04/20 Existing Home Sales MoM 07:00 Mar 3.50% - -7.10% -  
                   
  04/21 Initial Jobless Claims 05:30 16 Apr 265K - 253K -  
                   
  04/21 Continuing Claims 05:30 9 Apr 2178K - 2171K -  
                   
  04/21 Philadelphia Fed Business Outlook 05:30 Apr 8.00 - 12.40 -  
                   
  04/21 FHFA House Price Index MoM 06:00 Feb 0.40% -   0.50% -  
                   
  04/21 Bloomberg Consumer Comfort 06:45 17 Apr - - 43.60 -  
                   
  04/21 Leading Index 07:00 Mar 0.40% -    0.10% -  
                   
  04/22 Markit US Manufacturing PMI 06:45 Apr P 52.00 - 51.50 -  
                   
 
 
 
 
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