This Week Unlike last week, markets have a number of key economic measurements: March housing starts and permits; the April NAHB housing market index; March industrial production and factory use;…
This Week follows on the best weeks we have had recently in the interest rate markets. Monday should, however, see some pressure in bonds and mortgages after such a deep…
This Week The interest rate markets begin with technically overbought conditions and subject to some retracements. It is employment week with March employment data out on Friday. Last week the…
This Week In the late hours of Monday morning, Cyprus agreed to the outlines of an aid package, paving the way for 10 billion euros ($13B) of emergency loans to…
This Week Until this weekend, the most important event this week was the FOMC meeting on Wednesday. Over the weekend, though, the euro zone took center stage with debt issues…
After the strong increase in interest rates last week and the stock market running to new all-time highs on the DJIA (S&P still hasn’t made it), the week is likely…
This week is employment week with February employment data out on Friday. The early estimate is for an increase of 165K jobs and 178K private jobs, the unemployment rate unchanged…
This week, interest rates are still increasing, the 10 year note closed above 2.00% last Friday and MBS prices fell on stronger job growth. Although non-farm jobs were less in…
This week has a lot of data: the FOMC meeting, Treasury auctioning $99B of notes, and the January employment data. Also on the table, the Senate is expected to vote…
This week, Congress gets back to business with the House Republicans offering a bill to increase the debt ceiling for three months. The extension is supposed to allow more time…