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Market Commentary


 
Today's Coupons
 
  10-Year Notes   99-14.5 (+06.5) 2.061%  
 
  FN 3.5% Coupon   104-01.5 (+02.5)  
 
  Support   2.420%  
 
  Resistance   2.140%  
 
 
 
 
Today's Blurb Friday, August 21, 2015
 
 
    Markit Manufacturing PMI for August came in just below expectations at 52.9 vs. 53.8 prior (consensus 53.8). There is nothing else to note on the calendar for today. Treasuries are hovering in line with yesterday’s 2:00 PM PT close levels and the curve has bull steepened with 2s10s up +0.7 bps.
      Have a nice weekend!
 
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  08/17 Empire Manufacturing 05:30 Aug 4.50 -14.92 3.86 -  
                   
  08/17 NAHB Housing Market Index 07:00 Aug 61.00 61.00 60.00 -  
                   
  08/18 Housing Starts 05:30 July 1180K 1206K 1174K 1204K  
                   
  08/18 Housing Starts MoM 05:30 July 0.50% 0.20% 9.80% 12.30%  
                   
  08/18 Building Permits 05:30 July 1225K 1119K 1343K 1337K  
                   
  08/18 Building Permits MoM 05:30 July -8.00% -16.30% 7.40% 7.00%  
                   
  08/19 MBA Mortgage Applications 04:00 Aug 14 - 3.60% 0.10% -  
                   
  08/19 CPI MoM 05:30 July 0.20% 0.10% 0.30% -  
                   
  08/19 CPI YoY 05:30 July 0.20% 0.20% 0.10% -  
                   
  08/19 FOMC Minutes 11:00 28-19 July - - - -  
                   
  08/20 Initial Jobless Claims 05:30 Aug 15 271K 277K 274K 273K  
                   
  08/20 Continuing Claims 05:30 Aug 8 2265K 2254K 2273K 2278K  
                   
  08/20 Existing Home Sales 07:00 July 5.43 MM 5.59 MM 5.49 MM 5.48 MM  
                   
  08/20 Existing Home Sales MoM 05:30 July -1.10% 2.00% 3.20% 3.00%  
                   
  08/20 Leading Index 07:00 July 0.20% -0.20% 0.60% -  
                   
  08/21 Markit US Manufacturing PMI 06:45 Aug P 53.80 52.90 53.80 -  
                   
 
 
 
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