November 9th, 2026 9:26 AM by Richard Sardella MLO.100007700/NMLS 233568
The main economic releases this week are the inflation reports CPI and PPI. On Wednesday, the bond market will be closed for Veteran’s Day, but equity markets will trade. Today no data but Treasury will auction $58B of 3 year notes. Tomorrow October CPI; month/month overall +0.3% from +0.6% in September, year/year +3.9 % from +3.7%; core month/month +0.2% from +0.3%, year/year core +2.8% from +2.6%, Treasury will sell $42B of 10 year notes. Wednesday closed. Thursday weekly jobless claims +195K from +189K; weekly MBA mortgage applications, October existing home sales 3.870 million from 3.990 million, $25B 30 year bond auction. Friday October PPI, inflation, overall month/month +0.4% from +1.3%, year/year +6.6% from +6.3%; core month/month +0.3% from +0.7%, year/year +5.0% unch from September.
1 pm 58B 3 year note auction.
Congress back in session, facing December 11th when the government will shut down unless a continuing resolution is passed.
PRICES @ 10:00 AM
10 year note: 4.86% -1 bp
5 year note: 4.67% +1 bp
2 year note: 4.56% +3 bp
30 year bond: 5.26% -1 bp
30 year FNMA 6.5: @9:30 am 101.83 +15 bp (+20 bp from 9:30 am Friday)
30 year FNMA 6.0: @9:30 am 100.19 +13 bp (+23 bp from 9:30 am Friday)
30 year GNMA 6.5: @9:30 am 101.87 +11 bp (+15 bp from 9:30 am Friday)
Dollar/Yen: 158.10 -0.39 yen
Dollar/Euro: $1.1194 +$0.0050
Dollar Index: 101.85 -0.45
Gold: $4,129 +$55.00
Bitcoin: 74,645 -1015
Crude Oil: $87.24 -$3.59
DJIA: 51,000 +717
NASDAQ: 25,126 +546
S&P 500: 7502 +125
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.