Market update

MBS  Par @ 100.27      10 Yr Treasury -1/32 @ 2.595        Dow -46 @ 15,451

With little news, it looks like the quietest week in a long time will not break the pattern today. No economic data will be released today.

 

Top of Form Treasuries
9-Aug-13 Last Change 3-Month T-Bill 0.06% 0.01% 6-Month T-Bill 0.07% 0.00% 1-Year T-Bill 0.11% 0.00% 2-Year Note 0.31% 0.01% 3-Year Note 0.63% 0.01% 5-Year Note 1.38% 0.01% 10-Year Note 2.61% 0.02% 30-Year Bond 3.67% -0.01%

 

Top of Form Major Indices
9-Aug-13 Last Change 11th District COFI 0.954% 0.003% 1-Month LIBOR 0.180% -0.005% 6-Month LIBOR 0.395% 0.000% 12-Month LIBOR 0.665% 0.000% MTA Index 0.153% -0.006% Prime Rate 3.25% 0.00% Federal Funds Rate 0.25% 0.00% Discount Rate 0.75% 0.00%

 

Top of Form Mortgage Rates
9-Aug-13 Last Change 15-Year Fixed Freddie 3.43% 0.00% 30-Year Fixed Freddie 4.40% 0.01% 1-Year ARM Freddie 2.62% -0.02% 5/1-Year ARM Freddie 3.19% 0.01% Bottom of Form

 

 

APOR (Changes Mondays)

30 Yr Fixed-  4.45%

15 Yr Fixed- 3.53%

5/1 ARM -      3.01%

7/1 ARM   -    3.34%

10/1-ARM -  3.87%

 

 

ECONOMIC CALENDAR

 

	Event	Actual	Cons.	Previous
Aug 05	ISM Non-Manufacturing PMI (Jul)	56.0	53.0	52.2
	3-Month Bill Auction			0.03%
	6-Month Bill Auction			0.065%
Aug 06	Trade Balance (Jun)		$-43.50B	$-45.03B
	Redbook index (YoY) (Jul 28)			2.9%
	Redbook index (MoM) (Jul 28)			0.8%
	IBD/TIPP Economic Optimism (MoM) (Aug)		47.9	47.1
	4-Week Bill Auction			0.02%
	3-Year Note Auction			0.719%
	Fed's Evans Speech
Aug 07	MBA Mortgage Applications (Aug 2)			-3.7%
	EIA Crude Oil Stocks change (Aug 2)			0.431M
	10-Year Note Auction			2.67%
	Consumer Credit Change (Jun)		$15.0B	$19.6B
Aug 08	Initial Jobless Claims (Aug 3)		336K	326K
	Continuing Jobless Claims (Jul 27)		2.950M	2.951M
	EIA Natural Gas Storage change (Aug 2)			59B
	30-Year Bond Auction			3.66%
Aug 09	Wholesale Inventories (Jun)		0.3%	-0.5%