https://ift.tt/32EI3ky
From Matthew Graham at Mortgage News Daily: MBS RECAP: Bonds Sticking to Uneventful Script
Domestic traders were slightly better buyers despite another run to record highs in stocks. 10yr yields hit the 3pm close down just over 1bp (1.482). MBS were sideways at modestly stronger levels as well. [30 year fixed 3.27%]
emphasis added
Tuesday:
• At 9:00 AM ET, FHFA House Price Index for October. This was originally a GSE only repeat sales, however there is also an expanded index.
• At 9:00 AM, S&P/Case-Shiller House Price Index for October. The consensus is for a 18.5% year-over-year increase in the Composite 20 index for October.
• At 10:00 AM, Richmond Fed Survey of Manufacturing Activity for December. This is the last of regional manufacturing surveys for December.
And on COVID:
| COVID Metrics | ||||
|---|---|---|---|---|
| Today | Week Ago |
Goal | ||
| Percent fully Vaccinated | 60.9% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 202.2 | — | ≥2321 | |
| New Cases per Day3🚩 | 206,577 | 136,450 | ≤5,0002 | |
| Hospitalized3 | 56,466 | 61,362 | ≤3,0002 | |
| Deaths per Day3 | 1,041 | 1,164 | ≤502 | |
| 1 Minimum to achieve "herd immunity" (estimated between 70% and 85%). 2my goals to stop daily posts, 37-day average for Cases, Currently Hospitalized, and Deaths 🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths ✅ Goal met. |
||||
Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of positive tests reported.
Financial Services
