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Market Commentary


Friday
November 21, 2014
10-YEAR NOTES   99-07.5 (-01)
2.336%
FN 3.5% COUPON   103-17 (00)
SUPPORT   2.42%
RESISTANCE   2.00%
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We have only one item on the agenda for today’s calendar today following a busy week of releases. The Kansas City Fed Manufacturing Activity Index was 4 in October, down from 6 in September but modestly higher than 3 in August and for November expectations are for a move back up to 6. The curve is opening flat to yesterday’s 2:00 PM (PST) close and MBS continues to outperform treasuries.  

Have a Great Weekend!

Today's Event:

DATE EVENTS TIME (PST) PERIOD SURVEY ACTUAL PRIOR REVISED
11/21 Kansas City Fed Manufacturing Activity 08:00 November 6 - 4 -

 

 

 
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