With the introduction of the 2-Year Floating Rate Note Auction occupying yesterday's auction time slot, today will see both the 5 and 7yr auctions at 11:30am and 1pm respectively.  That makes for a busier afternoon than usual, even for a Thursday (which already has several regularly recurring calendar events, including weekly Fed MBS buying).

The morning hours are no slouch, with two upper-middle tier economic reports at 8:30am in the form of Final GDP for the 4th quarter and Jobless Claims.  That will be followed by Pending Home Sales at 10am.

Taken together, that makes for a fairly busy Thursday, but given the recent behavior of the stock lever, the economic data could easily lose out to a determined move in equities. 

stocks and bonds

MBS Pricing Snapshot
Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is available via MBS Live.
FNMA 3.0
96-28 : +0-00
FNMA 3.5
101-06 : +0-00
FNMA 4.0
104-19 : +0-00
2 YR
0.3593 : +0.0083
10 YR
2.6968 : +0.0218
30 YR
3.6256 : +0.0046
Pricing as of 1/30/14 7:00AMEST

Tomorrow's Economic Calendar
Time Event Period Forecast Prior
Thursday, Jan 30
8:30 GDP Final (%) Q4 3.2 4.1
8:30 Initial Jobless Claims (k)* w/e 330 326
8:30 Continued jobless claims (ml)* w/e 3.020 3.056
10:00 Pending sales change mm (%) Dec 0.0 0.2
10:00 Pending homes index Dec 101.7