October 7th, 2025 11:17 AM by Richard Sardella MLO.100007700/NMLS 233568
Markets began generally unchanged from yesterday.
There a few Fed officials scheduled to speak today.
At 9:30 am the DJIA opened +93, NASDAQ +23, S&P +9. 10 year note 4.15% unchanged from yesterday. FNMA 5.5 30 year coupon at 9:30 am +5 bps, from 9:30 am yesterday +6 bps.
At 1 pm Treasury is scheduled to auction $58B of 3 year notes. At 3 pm August consumer credit expected at +$13.5B, down from +$16.0B in July.
US financial markets marking time, unable to make judgments as long as the government is shut and the data flow has ceased. This morning the August US trade deficit wasn’t released.
PRICES @ 10:00 AM
10 year note: 4.16% +1 bp
5 year note: 3.74% unch
2 year note: 3.60% unch
30 year bond: 4.75% unch
30 year FNMA 5.5: @9:30 am 100.91 +5 bp (+6 bp from 9:30 am yesterday)
30 year FNMA 6.0: @9:30 am 102.15 -1 bp (+3 bp from 9:30 am yesterday)
30 year GNMA 5.5: @9:30 am 100.75 +5 bp (+3 bp from 9:30 am yesterday)
Dollar/Yen: 150.84 +0.49 yen
Dollar/Euro: $1.1669 -$0.0045
Dollar Index: $1.1667 -$0.0042
Gold: $3,997.10 +$20.80
Bitcoin: 123,874 -1608
Crude Oil: $61.56 -$0.13
DJIA: 46,711 +16
NASDAQ: 22,974 +34
S&P 500: 6746 +5
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.