Mortgage bond prices opened near unchanged failing to erase the small losses from yesterday afternoon.
The data this morning didn't move the market much.
Retail sales down 0.2% as expected , PPI down 1%, expected down 0.6%, Core up 0.2% as expected.
We still have a 10Y auction this afternoon.
US
debt across the board(Treasuries, MBS, etc...) is a bit weaker this
morning as a euro zone industrial production figure beat estimates
slightly. The figure was still negative but it seems like any good news
in the euro zone is received well as of late.
No comments:
Post a Comment