Uneventful And Slightly Stronger
Uneventful And Slightly Stronger
Although volumes picked up a bit versus Friday, no one would confuse the late December bond market from exhibiting any unexpected signs of life. A stronger open in Europe made for a modest improvement overnight and almost all of the domestic session was spent treading water at those same levels.
Modestly stronger overnight and holding sideways so far. MBS up 2 ticks (.06) and 10yr down 1.6bps at 4.117
Minimal volatility all day. MBS up 2 ticks (.06) and 10yr down 1.9bps at 4.114
Uneventful and Slightly Stronger
| Time | Event | Period | Actual | Forecast | Prior |
|---|---|---|---|---|---|
| Monday, Dec 29 | |||||
| 10:00AM | Nov Pending Home Sales (%) | Nov | 3.3% | 1% | 1.9% |
| 5:00PM | Dec/19 Crude Oil Inventory (ml) | Dec/19 | -2.4M | -1.274M | |
| Tuesday, Dec 30 | |||||
| 8:15AM | ADP Employment Change Weekly | ||||
| 9:00AM | Oct CaseShiller 20 mm nsa (%) | Oct | -0.5% | ||
| 9:00AM | Oct FHFA Home Price Index m/m (%) | Oct | 0.1% | 0% | |
| 9:00AM | Oct Case Shiller Home Prices-20 y/y (% ) | Oct | 1.1% | 1.4% | |
| 9:00AM | Oct FHFA Home Prices y/y (%) | Oct | 1.7% | ||
| 9:45AM | Dec Chicago PMI | Dec | 39.5 | 36.3 | |
| 2:00PM | FOMC Minutes | ||||