Back to top

Market Commentary

Home
Market Commentary


 
Today's Coupons
 
  10-Year Notes   100-11.5 (-14) 1.585%  
 
  FN 3.5% Coupon   105-08 (-02.5)  
 
  Support   1.578%  
 
  Resistance   1.351%  
 
 
 
 
Today's Blurb Friday, July 15, 2016
 
 
        The UST 10-Year yield has inclined to 1.570% this morning after closing at 1.530% prior. The June retail sales data suggested that consumer spending was very healthy as the US retail sales climbed 0.60% which was higher than consensus of a 0.50% increase. The cost of gasoline, rent and medical care sustained its upward trend, resulting in an increase of 0.20% in consumer prices for the second straight month. Increase in cost of living affected paychecks in June as well, reporting that hourly earnings adjusted for inflation fell 0.20% from the month prior. The Empire State general business conditions index fell to 0.55 in July from 6.01 in June. The curve has bull steepened with UST 10-Year yield up 4 bps from prior.
Have A Fantastic Weekend!
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  07/11 Labor Market Conditions Index Change 07:00 Jun -1.20 -1.90 -4.80 -3.60  
                   
  07/12 Wholesale Inventories MoM 07:00 May 0.20% 0.10% 0.60% 0.70%  
                   
  07/12 Wholesale Trade Sales MoM 07:00 May 0.50% 0.50% 1.00% 0.80%  
                   
  07/12 JOLTS Job Openings 07:00 May 5650 5500 5788 5845  
                   
  07/13 MBA Mortgage Applications 04:00 8 Jul - 7.20% 14.20% -  
                   
  07/13 Import Price Index MoM 05:30 Jun 0.50% 0.20% 1.40% -  
                   
  07/13 Import Price Index YoY 05:30 Jun -4.60% -4.80% -5.00% -  
                   
  07/13 U.S. Federal Reserve Releases Beige Book 11:00 - - - - -  
                   
  07/14 Initial Jobless Claims 05:30 9 Jul 265K 254K 254K -  
                   
  07/14 Continuing Claims 05:30 2 Jul 2130K 2149K 2124K 2117K  
                   
  07/14 PPI Final Demand MoM 05:30 Jun 0.30% 0.50% 0.40% -  
                   
  07/14 PPI Final Demand YoY 05:30 Jun 0.00% 0.30% -0.10% -  
                   
  07/14 Bloomberg Consumer Comfort 06:45 10 Jul - - 43.50 -  
                   
  07/15 Retail Sales Advance MoM 05:30 Jun 0.10% 0.60% 0.50% 0.20%  
                   
  07/15 CPI MoM 05:30 Jun 0.30% 0.20% 0.20% -  
                   
  07/15 CPI YoY 05:30 Jun 1.10% 1.00% 1.00% -  
                   
  07/15 Real Avg Weekly Earnings YoY 05:30 Jun - 1.20% 1.10% -  
                   
  07/15 Empire Manufacturing 05:30 Jul 5.00 0.55 6.01 -  
                   
  07/15 Industrial Production MoM 06:15 Jun 0.30% 0.60% -0.40% -0.30%  
                   
  07/15 Capacity Utilization 06:15 Jun 75.10% 75.40% 74.90% -  
                   
  07/15 Business Inventories 07:00 May 0.10% - 0.10% -  
                   
  07/15 U. of Mich. Sentiment 07:00 Jul P 93.30 - 93.50 -  
                   
 
 
 
 
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