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Market Commentary

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Market Commentary


 
Today's Coupons
 
  10-Year Notes   98-02.5 (-03.5) 2.344%  
 
  FN 3.5% Coupon   102-29 (00)  
 
  Support   2.510%  
 
  Resistance   2.240%  
 
 
 
 
Today's Blurb Tuesday, June 30, 2015
 
 
       The Case-Shiller 20-City Home Composite Price Index rose +0.30% in April (consensus +0.80%), and February was revised up from +0.95% to +1.01%. Year-over-year the Index decelerated to 4.91% vs. 4.96% in March. The increase in Home Prices, according to Case-Shiller, marks the eighth consecutive monthly increase. Greece continues to struggle saying it will miss its $1.7 Billion payment today to the International Monetary Fund. Greece’s Prime Minister Alexis Tsipras called for a referendum on July 5th on the austerity measures demanded by creditors. Treasuries are hovering slightly below yesterday’s 2:00 PM (PT) close level and the curve has slightly bull steepened with 2s10s up +0.1 bps.
 
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  06/29 Pending Home Sales MoM 07:00 May 1.00% 0.90% 3.40% 2.70%  
                   
  06/29 Pending Home Sales NSA YoY 07:00 May 11.80% 8.30% 13.40% 12.60%  
                   
  06/30 S&P/CaseShiller US HPI MoM 06:00 Apr - -0.02% 0.12% 0.15%  
                   
  06/30 S&P/CaseShiller US HPI YoY 06:00 Apr - 4.23% 4.14% 4.27%  
                   
  06/30 Consumer Confidence Index 07:00 Jun 97.40 101.40 95.40 94.60  
                   
  07/01 ADP Employment Change 05:15 Jun 218K - 201K -  
                   
  07/01 ISM Manufacturing 07:00 Jun 53.20 - 52.80 -  
                   
  07/02 Change in Nonfarm Payrolls 05:30 Jun 230K - 280K -  
                   
  07/02 Unemployement Rate 05:30 Jun 5.40% - 5.50% -  
                   
  07/02 Initial Jobless Claims 05:30 Jun 27 270K - 271K -  
                   
  07/03 Market Closed - - - - - -  
                   
 
 
 
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