July 31st, 2026 8:43 AM by Richard Sardella MLO.100007700/NMLS 233568
There wasn’t any new news from the mid-east that moved markets overnight. Traders and investors on edge going into the weekend.
There isn’t anything significant on the calendar today, July Chicago purchasing managers index and the July final University of Michigan consumer sentiment index.
At 9:45 am July Chicago purchasing managers index expected at 55.0 from 56.7, the index increased to 57.6. The Chicago manufacturing has been increasing over the past two months although it isn’t a driver for markets.
At 10 am University of Michigan consumer sentiment index Final Results for July sentiment 55.2 from 49.5, current conditions 54.8 from 47.7, expectations 55.4 from 50.7. Strong outlooks.
The key 10 year note back to its recent high after a slight improvement the last three days.
PRICES @ 10:00 AM
10 year note: 4.74% +6 bp
5 year note: 4.46% +6 bp
2 year note: 4.30% +4 bp
30 year bond: 5.26% +5 bp
30 year FNMA 6.0: @9:30 am 101.19 -16 bp (-21 bp from 9:30 am yesterday)
30 year FNMA 5.5: @9:30 am 99.11 -23 bp (-28 bp from 9:30 am yesterday)
30 year GNMA 6.0: @9:30 am 101.79 -7 bp (-21 bp from 9:30 am yesterday)
Dollar/Yen: 159.55 +0.04 yen
Dollar/Euro: $1.1465 -$0.0004
Dollar Index: 100.43 +0.57
Gold: $4,0879.40 -$81.20
Bitcoin: 63,421 -1324
Crude Oil: $85.77 +$2.18
DJIA: 52,262 +54
NASDAQ: 25,214 +92
S&P 500: 7446 +9
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.