CHM Blog

At 8:30 am ET February durable goods orders; new orders expected -0.2% declined -1.4%, ex-transportation orders expected +0.7% increased +0.8%, core capital goods +0.6%, better than +0.3% estimates.

At 9:30 am the DJIA opened -120, NASDAQ -94, S&P -20. 10 year note at 9:30 am -1 bp to 4.33%. FNMA 5.5 30 year coupon at 10 am -11 from yesterday and -8 bps from 9:30 am yesterday.

At 1 pm Treasury will auction $58B of 3 year notes, recent Treasury borrowing has met with tepid demand.

PRICES @ 10:00 AM

10 year note: 4.35% +1 bp

5 year note: 3.99% unch

2 year note: 3.86% unch

30 year bond: 4.92% +3 bp

30 year FNMA 5.5: @9:30 am 100.55 -11 bp (-8 bp from 9:30 am yesterday)

30 year FNMA 6.0: @9:30 am 102.08 -4 bp (-2 bp from 9:30 am yesterday)

30 year GNMA 5.5: @9:30 am 100.78 -4 bp (-3 bp from 9:30 am yesterday)

Dollar/Yen: 159.86 +0.18 yen

Dollar/Euro: $1.1558 +$0.0017

Dollar Index: 99.97 -0.01

Gold: $4,663.20 -$21.50

Bitcoin: 68,396 -1359

Crude Oil: $116.09 +$3.68

DJIA: 46,396 -274

NASDAQ: 21,783 -213

S&P 500: 6565 -46

Richard Sardella has been actively managing and providing services in the mortgage industry for over 30 years. Richard serves on the board of directors as President of Colorado Home Mortgages Inc.

All information furnished has been forwarded to you and is provided by thetbwsgroup only for informational purposes. Forecasting shall be considered as events which may be expected but not guaranteed. Neither the forwarding party and/or company nor thetbwsgroup assume any responsibility to any person who relies on information or forecasting contained in this report and disclaims all liability in respect to decisions or actions, or lack thereof based on any or all of the contents of this report.

MLO of record MLO.100007700 / NMLS#233568 / CHM NMLS#127716.