Todays market update and this weeks reports

MBS  -6/32 @ 100.24       10 Yr Treasury -12/32 @ 2.6480         Dow -25 @ 15,633

 

It has been a quiet morning ahead of today's economic data.  The Institute for Supply Management (ISM) said its services index rose to 56 from 52.2 in June, easily topping economists' expectations for 53

 

Top of Form Treasuries
5-Aug-13 Last Change 3-Month T-Bill 0.03% 0.00% 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 0.60% 0.01% 5-Year Note 1.40% 0.04% 10-Year Note 2.65% 0.05% 30-Year Bond 3.72% 0.04%

 

Top of Form Major Indices
5-Aug-13 Last Change 11th District COFI 0.954% 0.003% 1-Month LIBOR 0.190% 0.004% 6-Month LIBOR 0.696% 0.299% 12-Month LIBOR 0.666% -0.008% MTA Index 0.159% -0.004% Prime Rate 3.25% 0.00% Federal Funds Rate 0.25% 0.00% Discount Rate 0.75% 0.00%

 

Top of Form Mortgage Rates
5-Aug-13 Last Change 15-Year Fixed Freddie 3.43% 0.04% 30-Year Fixed Freddie 4.39% 0.08% 1-Year ARM Freddie 2.64% -0.01% 5/1-Year ARM Freddie 3.18% 0.02% 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%