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Market Commentary


 
Today's Coupons
 
  10-Year Notes   99-26 (+10.5) 1.646%  
 
  FN 3.5% Coupon   104-30.5 (+03.5)  
 
  Support   1.828%  
 
  Resistance   1.694%  
 
 
 
 
Today's Blurb Friday, June 10, 2016
 
 
          Just one week ahead of the June FOMC meeting on the 15th, Treasuries took part in record low global bond yields as Treasury 10-Year note yields declined to the lowest since 2012. The University of Michigan’s preliminary index of sentiment dropped to 94.30 vs. 94.00 consensus from 94.70 in May. The US Treasury Federal Budget Debt Summary is scheduled to be released at 11:00 AM (PT). The curve has bull flattened with UST 10-Year yield down at 1.644%.
Have A Great Weekend!
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  06/06 Labor Market Conditions Index Change 07:00 May -0.80 -4.80 -0.90 -3.40  
                   
  06/07 Nonfarm Productivity 05:30 1Q F -0.60% -0.60% -1.00% -  
                   
  06/08 MBA Mortgage Applications 04:00 3 Jun - 9.30% -4.10% -  
                   
  06/08 JOLTS Job Openings 07:00 Apr 5675 5788 5757 5670  
                   
  06/09 Initial Jobless Claims 05:30 4 Jun 270K 264K 267K 268K  
                   
  06/09 Continuing Claims 05:30 28 May 2171K 2095K 2172K -  
                   
  06/09 Bloomberg Consumer Comfort 06:45 5 Jun - 43.50 43.20 -  
                   
  06/09 Wholesale Inventories MoM 07:00 Apr 0.10% 0.60% 0.10% 0.20%  
                   
  06/09 Wholesale Trade Sales MoM 07:00 Apr 1.10% 1.00% 0.70% 0.60%  
                   
  06/10 U. of Mich. Sentiment 07:00 Jun P 94.00 94.30  94.70 -  
                   
  06/10 Monthly Budget Statement 11:00 May -$56.00 B - -$84.10 B -  
                   
 
 
 
 
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  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  
 
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