Below is the news when it happened and market reaction.  All of the times below are Eastern Standard Time

10:08AM New Rates have been posted http://www.johnmarbury.com/page5.html/

Tue, May 31 9:01 AM
March Case Shiller +5.4% from March 2015, above the 5.1% expected.
Tue, May 31 8:54 AM
U.S. dollar index 95.62. +0.13.
Tue, May 31 8:45 AM
MBS at session lows.
Tue, May 31 8:40 AM
The 3% Fannie 30-yr briefly dipped just below support at the 100-day Moving Average, but has since edged above that level.
Tue, May 31 8:38 AM
The sort of push-pull economic data has little impact on Bond prices.
Tue, May 31 8:32 AM
The Fed's favorite inflation gauge, the Core PCE, 0.2% in April, inline, year-over-year 1.6%, inline and matching the March number.
Tue, May 31 8:31 AM
Personal Income 1% vs the 0.7% expected. Personal Spending 0.4%, inline.
Tue, May 31 8:19 AM
Be sure to check out this week's Mortgage Market Guide Economic Calendar located under the "Data" tab at the top of the page.
Tue, May 31 8:18 AM
WTI oil $49.60/barrel +$0.27.
Tue, May 31 8:17 AM
The Fannie Mae 30-yr 3% coupon rests just above support at the 100-day Moving Avewrage (102.13).
Tue, May 31 8:17 AM
10-yr T Note yield 1.86% from Friday's close of 1.83%.
Tue, May 31 8:08 AM
May Non-farm Payrolls will be delivered on Friday where it is expected that employers hired 155K workers.
Tue, May 31 8:06 AM
Fed Chair Yellen sets stage for stronger data to deliver a summer Fed Funds rate hike. This week's economic data will give the Fed a broad view of the economy.
Tue, May 31 8:04 AM
Economic news is plentiful today with Personal Income & Spending, Core PCE (8:30), Case Shiller (9) and Consumer Confidence (10).
Tue, May 31 8:01 AM
Fed Chair Yellen said Friday, if the economy evolves as she expects, "it will be appropriate for the Fed to gradually and cautiously increase rates over time in the coming month."
Tue, May 31 8:01 AM
S&P futures higher after closing with decent gains on Friday. The closely watched index is up 1.6% in May, with month-end today.


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