Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
33,877
# of User Comments
 

Send Article via Email

REGISTERED USERS (Free!):
Can forward to 6 email addresses at a time. Register or Login

Registered users also get the additional advantage of Co-branded Emails and Landing Pages. Learn more about these features.

Your Name: 
Your Email: 
I want to forward this to
(Enter Email Address Below) :
Include a Personal Message (optional)

Please add 4 and 2 and type the answer here:
Leave this field blank.
Email Preview Below:
This feature is now 100% free. Learn More About Co-branded Email and our other Co-branded Services.
 
This email was sent to you by:
Harry Chriest |
Mortgage News Daily

Message:   YOUR MESSAGE HERE
Email alerts, such as this one, are a free service provided by Mortgage News Daily. If you would like to receive an alert when important news breaks please register to join our community.
Stronger Manufacturing Data Gives Bond Markets Pause
Posted to: Micro News
Wednesday, April 16, 2014 9:24 AM

Forward this email:  Send a copy of this story to someone you know that may want to read it.

Industrial Production and Capacity Utilization data came out stronger than expected just now.  Here's the run-down:

  • March Industrial Output +0.7 vs +0.5 forecast
  • Big revision in February to +1.2 from +0.6 previously
  • Capacity Use Rate 79.2 vs 78.7 forecast, highest since June 2008

10yr yields moved relatively quickly to their highest levels of the day.  MBS mimicked the move with less conviction, but are still falling on the data.  Fannie 4.0s are currently down 5 ticks at 104-11 and Fannie 3.5s are down 6 ticks at 101-03.




More from MND:

 

If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

 

More From MND

Mortgage Rates:
  • 30 Yr FRM 4.17%
  • |
  • 15 Yr FRM 3.30%
  • |
  • Jumbo 30 Year Fixed 4.04%
MBS Prices:
  • 30YR FNMA 4.5 107-30 (-0-00)
  • |
  • 30YR FNMA 5.0 110-09 (0-00)
  • |
  • 30YR FNMA 5.5 111-04 (-0-01)
Recent Housing Data:
  • Mortgage Apps -2.68%
  • |
  • Refinance Index -3.98%
  • |
  • FHFA Home Price Index 0.67%