Last | Change | Percent | |
S&P Futures | 1828.2 | 3.9 | 0.21% |
Eurostoxx Index | 3114.2 | 16.3 | 0.53% |
Oil (WTI) | 99.73 | -0.6 | -0.62% |
LIBOR | 0.236 | 0.000 | 0.00% |
US Dollar Index (DXY) | 80.2 | -0.124 | -0.15% |
10 Year Govt Bond Yield | 2.74% | 0.01% | |
Current Coupon Ginnie Mae TBA | 106 | -0.2 | |
Current Coupon Fannie Mae TBA | 104.3 | -0.1 | |
RPX Composite Real Estate Index | 200.7 | -0.2 | |
BankRate 30 Year Fixed Rate Mortgage | 4.27 |
Markets are higher in spite of some disappointing manufacturing data this morning. Bonds and MBS are flat. We are headed into a 3 day weekend, so volumes should be somewhat light.
Industrial Production and Manufacturing Production came in well below estimates, and capacity utilization dropped by 80 bps, a huge amount. Weather seems to have been the culprit so that is why the market is shrugging off the numbers.
Consumer confidence came in unch'd for February.
The spring selling season is off to a slow start, according to Redfin. FWIW, the homebuilders are reporting exactly the opposite.
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