Back to top

Market Commentary

Home
Market Commentary


 
Today's Coupons
 
  10-Year Notes   99-29 (+02.5) 1.635%  
 
  FN 3.5% Coupon   104-31.5 (+01.5)  
 
  Support   1.823%  
 
  Resistance   1.678%  
 
 
 
 
Today's Blurb Monday, June 13, 2016
 
 
           Without any data being released, treasuries advanced for a fifth day today, pushing 10-Year yields down to 1.622% as consensus on the probability of rate hike during the June FOMC meeting indicates the hike is seemingly unlikely. Tomorrow we get Retail Sales, followed by Mortgage Application on Wednesday, Jobless Claims on Thursday, and Housing Starts on Friday. The curve has bull flattened with UST 10-Year yield down 2.0 bps.
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  06/13 No Data - - - - - -  
                   
  06/14 Import Price Index MoM 05:30 May 0.70% - 0.30% -  
                   
  06/14 Import Price Index YoY 05:30 May -5.90% - -5.70% -  
                   
  06/14 Retail Sales Advance MoM 05:30 May 0.30% - 1.30% -  
                   
  06/14 Business Inventories 07:00 Apr 0.20% - 0.40% -  
                   
  06/15 MBA Mortgage Applications 04:00 10 Jun - - 9.30% -  
                   
  06/15 PPI Final Demand MoM 05:30 May 0.30% - 0.20% -  
                   
  06/15 PPI Final Demand YoY 05:30 May -0.10% - 0.00% -  
                   
  06/15 Empire Manufacturing 05:30 Jun -4.25 - -9.02 -  
                   
  06/15 Industrial Production MoM 06:15 May -0.20% - 0.70% -  
                   
  06/15 Capacity Utilization 06:15 May 75.20% - 75.40% -  
                   
  06/15 FOMC Rate Decision (Upper Bound) 11:00 15 Jun 0.50% - 0.50% -  
                   
  06/15 FOMC Rate Decision (Lower Bound) 11:00 15 Jun 0.25% - 0.25% -  
                   
  06/16 Initial Jobless Claims 05:30 11 Jun 270K - 264K -  
                   
  06/16 Continuing Claims 05:30 4 Jun 2140K - 2095K -  
                   
  06/16 Philadelphia Fed Business Outlook 05:30 Jun 1.00 - -1.80 -  
                   
  06/16 CPI MoM 05:30 May 0.30% - 0.40% -  
                   
  06/16 CPI YoY 05:30 May 1.10% - 1.10% -  
                   
  06/16 Real Avg Weekly Earnings YoY 05:30 May - - 1.30% 1.10%  
                   
  06/16 Bloomberg Consumer Comfort 06:45 12 Jun - - 43.50 -  
                   
  06/17 Housing Starts 05:30 May 1149K - 1172K -  
                   
  06/17 Housing Starts MoM 05:30 May -2.00% - 6.60% -  
                   
  06/17 Building Permits 05:30 May 1145K - 1116K 1130K  
                   
  06/17 Building Permits MoM 05:30 May 1.30% - 3.60% 4.90%  
                   
 
 
 
 
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  
 
© Sun West Mortgage Company, Inc. All Rights Reserved