Tuesday, June 11, 2013

More on our open


MBS  -4/32 @ 99.27                    10 Yr Treasury  -4/32 @ 2.231          -82@ 15156

 

While investors expect the Fed to taper its bond purchases at some point, this morning they must consider that less stimulus than previously expected may be coming from the Bank of Japan (BOJ) and the European Central Bank (ECB). Following the BOJ meeting, no action was taken, disappointing some investors hoping for new measures. In addition, the ECB President stated that the ECB will not accept higher inflation and that intervention in bond markets will take place in only limited situations. Both global stock markets and global bond markets were hurt by the news. No economic data will be released today. The results from the 3-yr Treasury auction will come out around 1:00 et.

 
 
Top of Form
Treasuries
 11-Jun-13
Last
Change
0.04%
0.00%
0.07%
0.00%
0.13%
0.01%
0.33%
0.02%
0.56%
0.02%
1.16%
0.04%
2.24%
0.03%
3.37%
0.00%


 

Top of Form
Major Indices
 
 11-Jun-13
Last
Change
0.970%
0.003%
0.193%
0.000%
0.411%
0.000%
0.685%
0.002%
0.163%
-0.006%
3.25%
0.00%
0.25%
0.00%
0.75%
0.00%


 

Top of Form
Mortgage Rates
 
 11-Jun-13
Last
Change
3.03%
0.05%
3.91%
0.10%
2.58%
0.04%
2.74%
0.08%

 

 

APOR

30 Yr Fixed- 3.91%

5/1 ARM -     2.74%

 

Economic Calendar
Event
Actual
Cons.
Previous
Jun 10
Jun 11
93.4
92.1
 
2.9%
 
0.6%
 
0.3%
0.4%
Jun 12
-11.5%
 
-6.267M
 
1.81%
 
112.9B
Jun 13
-0.9%
 
-0.2%
-0.7%
 
0.0%
-0.5%
 
-2.6%
 
346K
 
2.952M
 
0.4%
0.1%
 
0.3%
-0.1%
 
0%
 
111B
 
2.98%
Jun 14
$-110.4B
 
0.6%
 
-0.7%
 
0.1%
 
1.7%
 
-0.5%
 
77.8%
 
84.5

 

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