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Market Commentary


 
Today's Coupons
 
  10-Year Notes   98-17.5 (+02) 2.165%  
 
  FN 3.5% Coupon   104-00 (+02.5)  
 
  Support   2.250%  
 
  Resistance   2.010%  
 
 
 
 
Today's Blurb Friday, October 30, 2015
 
 
       Household Spending rose less than anticipated in September, up 0.10% following a 0.40% advance in August (consensus +0.20%). This marks the smallest gain in spending since January of this year. Personal Income, likewise, rose edged up 0.10% in September following a 0.40% advance in August. The Savings rate rose to 4.80% in September following 4.70% prior and PCE prices fell 0.10% (up 0.20% YoY). Wages rose in the third quarter, up 0.60% following a 0.20% increase in the second quarter. Private wages, wages excluding government workers, grew 2.10% YoY in the third quarter after climbing 2.20% YoY in the second quarter. Treasuries are slightly higher this morning following the personal income/spending data disappointment and the curve has flattened with 2s10s down 1 bps.  
 
  Have A Safe And Happy Halloween!!
 
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  10/26 New Home Sales 07:00 Sep 549K 468K 552K 529K  
                   
  10/26 New Home Sales MoM 07:00 Sep -0.60% -11.50% 5.70% 5.20%  
                   
  10/26 Dallas Fed Manf. Activity 07:30 Oct -6.50 -12.70 -9.50 -  
                   
  10/27 Durable Goods Orders 05:30 Sep -1.50% -1.20% -2.00% -3.00%  
                   
  10/27 S&P/Case-Shiller US HPI MoM 06:00 Aug - 0.44% 0.37% 0.31%  
                   
  10/27 S&P/Case-Shiller US HPI YoY 06:00 Aug 4.80% 4.68% 4.69% 4.56%  
                   
  10/27 Markit US Composite PMI 06:45 Oct P - 54.50 55.00 -  
                   
  10/27 Markit US Services PMI 06:45 Oct P 55.50 54.40 55.10 -  
                   
  10/27 Consumer Confidence Index 07:00 Oct 102.90 97.60 103.00 102.60  
                   
  10/27 Richmond Fed Manufact. Index 07:00 Oct -3.00 -1.00 -5.00 -  
                   
  10/28 MBA Mortgage Applications 04:00 Oct 23 - -3.50% 11.80% -  
                   
  10/29 Initial Jobless Claims 05:30 Oct 24 265K 260K 259K -  
                   
  10/29 Continuing Claims 05:30 Oct 17 2160K 2144K 2170K 2181K  
                   
  10/29 GDP Annualized QoQ 05:30 3Q A 1.60% 1.50% 3.90% -  
                   
  10/29 Personal Consumption 05:30 3Q A 3.30% 3.20% 3.60% -  
                   
  10/29 GDP Price Index 05:30 3Q A 1.40% 1.20% 2.10% -  
                   
  10/29 Pending Home Sales MoM 07:00 Sep 1.00% -2.30% -1.40% -  
                   
  10/29 Pending Home Sales NSA YoY 07:00 Sep 7.30% 2.50% 6.70% 6.60%  
                   
  10/30 Personal Income 05:30 Sep 0.20% 0.10% 0.30% 0.40%  
                   
  10/30 Personal Spending 05:30 Sep 0.20% 0.10% 0.40% -  
                   
  10/30 ISM Milwaukee 06:00 Oct 44.00 46.66 39.44 -  
                   
  10/30 U. of Mich. Sentiment 07:00 Oct F 92.50 90.00 92.10 -  
                   
 
 
 
 
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  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  
 
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