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    April 24, 2015

    Today's market Commentary
    10 am EDT, pricing is set

    Mortgage bond prices are higher mid-morning Friday addling to the small gains seen Thursday afternoon. Trade is quiet.

    Durable goods data was mixed. The headline number rose 4% vs. the 0.5% increase economists‚?? had expected. Stripping out the volatile transportation sector, orders fell 0.2% vs. the expected 0.4% increase. Traders took the data as a wash.

    That is a wrap for data today. Expect stocks to drive sleepy trade. At the 10 am EDT price point the Dow was down 18 points.

    Event Calendar:
    Wednesday, Apr 22, 2015
    FHFA House Price Index @ 10 am et

    Wednesday, Apr 22, 2015
    Existing Home Sales @ 10 am et

    Thursday, Apr 23, 2015
    Weekly Jobless Claims @ 8:30 am et

    Thursday, Apr 23, 2015
    New Home Sales @ 10 am et

    Thursday, Apr 23, 2015
    5-year Treasury TIPS Auction @ 1:15 pm et

    Friday, Apr 24, 2015
    Durable Goods Orders @ 8:30 am et


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