Regional Branch Manager
City First Mortgage
License:
Licensed in AL, CA, CO, HI, NC, NV, OH, TX, TN
MBS & US Treasury Markets
1/15 9:08:36AM EST : Delayed Data
  • Monthly Core CPI
    • 0.2 vs 0.2 f'cast, 0.3 prev
    • unrounded: 0.225 vs 0.240
  • Annual Core CPI
    • 3.2 vs 3.3 f'cast, 3.3 prev

Bonds were already in stronger territory to start the day, but we're seeing additional improvements in the wake of the data. MBS are up 3/8ths and 10yr yields are down almost 10bps at 4.708.  More detailed analysis will follow in the AM commentary.

Regional Branch Manager
City First Mortgage
License:
Licensed in AL, CA, CO, HI, NC, NV, OH, TX, TN