Today’s econ calendar is quite a bit bigger than normal.  It’s also bigger than it would be if this was just any old week with a full 5 trading days.  But due to the early closure tomorrow and the full closure on Friday, all of the reports that would have normally been scheduled for those two days are instead pulled forward to today.  That said, there aren’t any really stellar market movers among them.  Month-end trading and repositioning could easily have more of an impact than any of the data.  Either way, the narrow, sideways range in bonds has the home court advantage.

20201223 open1.png


MBS Pricing Snapshot

Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is available via MBS Live.

MBS

UMBS 2.0

103-16 : -0-02

Treasuries

10 YR

0.9200 : +0.0020

Pricing as of 12/23/20 8:28AMEST

Tomorrow’s Economic Calendar

Time Event Period Forecast Prior
Wednesday, Dec 23
7:00 MBA Purchase Index w/e 325.7
7:00 MBA Refi Index w/e 3959.2
8:30 Core PCE Inflation (y/y) (%)* Nov 1.5 1.4
8:30 Durable goods (%)* Nov 0.6 1.3
8:30 Core CapEx (%)* Nov 0.6 0.8
8:30 Jobless Claims (k) w/e 885 885
9:00 Monthly Home Price yy (%) Oct 9.1
9:00 Monthly Home Price mm (%) Oct 1.7
10:00 Sentiment: 1y Inflation (%) Dec 2.3
10:00 New Home Sales (ml) Nov 0.995 0.999
10:00 Consumer Sentiment (ip) Dec 81.3 81.4
10:00 Sentiment: 5y Inflation (%) Dec 2.5
10:00 New Home Sales (%) (%)* Nov -0.3 -0.3

By Matthew Graham , dated 2020-12-23 08:30:37

Source link

Courtesy of Mortgage News Daily

Leave a Reply