Back to top

Market Commentary

Home
Market Commentary


 
Today's Coupons
 
  10-Year Notes   98-01.5 (-11.5) 2.221%  
 
  FN 3.5% Coupon   103-18 (-04.5)  
 
  Support   2.270%  
 
  Resistance   2.040%  
 
 
 
 
Today's Blurb Tuesday, September 15, 2015
 
 
       Retail Sales for August posted just under expectations, up 0.20% (consensus +0.30%) with July revised up from 0.60% to 0.70%. Auto sales were up 0.70% in August, and Gas Station sales/Home Improvement Store sales were both down 1.80%. Excluding Autos and Gas, Retail Sales advanced 0.30%. Empire Manufacturing failed to rebound to consensus, at -14.67 vs. -14.92 (consensus -0.50). Industrial Production for August fell 0.40% after rising 0.90% in July. Treasuries are selling off this morning following the data release and ahead of tomorrow's FOMC rate decision. The curve has bear steepened with 2s10s up 1.5 bps.  
 
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  09/14 No Data - - - - - -  
                   
  09/15 Retail Sales Advance MoM 05:30 Aug 0.30% 0.20% 0.60% 0.70%  
                   
  09/15 Retail Sales Ex Auto MoM 05:30 Aug 0.20% 0.10% 0.40% 0.60%  
                   
  09/15 Empire Manufacturing 05:30 Sep -0.50 -14.67 -14.92 -  
                   
  09/15 Industrial Production MoM 06:15 Aug -0.20% -0.40% 0.60% 0.90%  
                   
  09/15 Business Inventories 07:00 Jul 0.10% 0.10% 0.80% 0.70%  
                   
  09/16 MBA Mortgage Applications 04:00 Sep 11 - - -6.20% -  
                   
  09/16 CPI MoM 05:30 Aug -0.10% - 0.10% -  
                   
  09/16 CPI YoY 05:30 Aug 0.20% - 0.20% -  
                   
  09/16 NAHB Housing Market Index 07:00 Sep 61.00 - 61.00 -  
                   
  09/17 Current Account Balance 05:30 2Q -$111.00 B - -$113.30 B -  
                   
  09/17 Housing Starts 05:30 Aug 1163K - 1206K -  
                   
  09/17 Housing Starts MoM 05:30 Aug -3.60% - 0.20% -  
                   
  09/17 Building Permits 05:30 Aug 1158K - 1119K 1130K  
                   
  09/17 Building Permits MoM 05:30 Aug 2.50% - -16.30% -15.50%  
                   
  09/17 Initial Jobless Claims 05:30 Sep 12 275K - 275K -  
                   
  09/17 Continuing Claims 05:30 Sep 5 2258K - 2260K -  
                   
  09/17 Bloomberg Consumer Comfort 06:45 Sep 13 - - 41.40 -  
                   
  09/17 Philadelphia Fed Business Outlook 07:00 Sep 5.90 - 8.30 -  
                   
  09/17 FOMC Rate Decision (Upper Bound) 11:00 Sep 17 0.38% - 0.25% -  
                   
  09/17 FOMC Rate Decision (Lower Bound) 11:00 Sep 17 0.13% - 0.00% -  
                   
  09/18 Leading Index 07:00 Aug 0.20% - -0.20% -  
                   
 
 
 
NEED ASSISTANCE? PLEASE CALL:
(844) SECONDARY
(844) 732-6632
 
 
 
 
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  
 
©2015 Sun West Mortgage Company, Inc. All Rights Reserved