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MORTGAGE RATES

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MBS OPEN: GDP Takes A Shot, But Bonds Still Standing (so far)

The AM So Far... ADP worse than expected at -254k GDP Better than expected at -.7 vs. consensus of -1.2 deflator unch (cons unch), prev unch pce price index +1.4 pct (cons +1.3), prev +1.3; core pce +2.0 pct (cons +2.0), prev +2.0 consumer spending -0.9 pct (prev -1.0), durables -5.6 pct (prev -5.8)...

Posted to MBS Commentary (Weblog) by Matthew Graham on Wed, Sep 30 2009

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