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Market Commentary


 
Today's Coupons
 
  10-Year Notes   100-10.5 (+03.5) 2.213%  
 
  FN 3.5% Coupon   103-05 (+01)  
 
  Support   2.370%  
 
  Resistance   2.130%  
 
 
 
 
Today's Blurb Friday, December 18, 2015
 
 
       We have a fairly quiet day today following the momentous Fed decision on Wednesday to raise rates. Markit US Services PMI contracted to 53.70 from 56.10 in November (consensus 55.90). The Markit US Services PMI is up slightly from 53.30 a year ago. Treasuries are hovering near yesterday's close levels as we head into the shortened Holiday week and the curve has steepened slightly with 2s10s up 0.1 bps.
Have An Amazing Weekend!
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  12/14 No Data - -  -  - - -  
                   
  12/15 Empire Manufacturing 05:30 Dec  -7.00  -4.59 -10.74 -  
                   
  12/15 CPI MoM 05:30 Nov    0.00%   0.00%   0.20% -  
                   
  12/15 CPI YoY 05:30 Nov    0.40%   0.50%   0.20% -  
                   
  12/15 Real Avg Weekly Earnings YoY 05:30 Nov   -   1.60%   2.10%  2.40%  
                   
  12/15 NAHB Housing Market Index 07:00 Dec   63.00  -  62.00 -  
                   
  12/16 MBA Mortgage Applications 04:00 Dec 11   -   -1.10%    1.20%  -  
                   
  12/16 Housing Starts 05:30 Nov  1130K  1173K  1060K 1062K  
                   
  12/16 Housing Starts MoM 05:30 Nov    6.60%  10.50%    -11.00% -12.00%  
                   
  12/16 Building Permits 05:30 Nov   1150K  1289K  1150K 1161K  
                   
  12/16 Building Permits MoM 05:30 Nov   -1.00%   11.00%   4.10%   5.10%  
                   
  12/16 Industrial Production MoM 06:15 Nov   -0.20%  -0.60%   -0.20% -0.40%  
                   
  12/16 Capacity Utilization 06:15 Nov    77.40%  77.00%     77.50% -  
                   
  12/16 FOMC Rate Decision(Upper Bound) 11:00 Dec 16  0.50% -  0.25% -  
                   
  12/16 FOMC Rate Decision(Lower Bound) 11:00 Dec 16  0.25% -  0.00% -  
                   
  12/17 Current Account Balance 05:30 3Q -$118.60 B -$124.10 B -$109.70 B -$111.10 B  
                   
  12/17 Initial Jobless Claims 05:30 Dec 12 275K 271K 282K -  
                   
  12/17 Continuing Claims 05:30 Dec 5 2200K 2238K 2243K 2245K  
                   
  12/17 Leading Index 07:00 Nov  0.10% 0.40%    0.60% -  
                   
  12/18 Kansas City Fed Manf. Activity 08:00 Dec 1.00 -  1.00 -  
                   
 
 
 
 
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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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