MBS & US Treasury Markets
9/16 9:57:57AM EST : Delayed Data
  • Export prices mm (Aug)
    • 0.3% vs 0% f'cast, 0.1% prev
  • Import prices mm (Aug)
    • 0.3% vs -0.1% f'cast, 0.4% prev
  • Retail Sales (Aug)
    • 0.6% vs 0.2% f'cast, 0.5% prev
  • Retail Sales (ex-autos) (Aug)
    • 0.7% vs 0.4% f'cast, 0.3% prev
  • Retail Sales Control Group MoM (Aug)
    • 0.7% vs 0.4% f'cast, 0.5% prev

No downward revisions to last month's decent retail sales readings and a much stronger than expected result for the current report...

This is putting clear and immediate upward pressure on yields with 10yr TSYs up almost 2 bps in the first few minutes (currently 4.058).

MBS are down a quick 2 ticks (.06).

09:04 AM

Initial weakness after Retail Sales, but avoiding sharp selling.  MBS unchanged and 10yr only up 1bp at 4.049