|Date & Time of Report||Report||For||Estimate||Actual||Prior||Impact|
|12/1/16 8:30 AM||Jobless Claims (initial)||26-Nov||253k||268k||251k||Moderate|
|12/1/16 10:00 AM||ISM Index||Nov||52.1||53.2||51.90||High|
What Is Going On With Interest Rates? #wigowir
1:24 PM The 3.5% Fannie Mae 30-yr coupon able to trade back up to support 2 (S2, 102.22), now at 102.22.
1:07 PM WTI oil continues to gush higher now at $51.61/barrel, +$2.18.
1:05 PM At midday, MBS able to bounce off lows, but remain well into negative territory.
12:29 PM MBS hit session lows. Alert to Lock!
11:03 AM The Dow is up 5% since election day, Nasdaq and S&P +3%.
11:01 AM The S&P and Nasdaq slip into negative territory, Dow positive.
10:58 AM MBS able to bounce off lows.
10:02 AM The November ISM Index 53.2 vs 52.1 expected.
9:41 AM The S&P trades near unchanged soon after the open.
8:33 AM The New York Fed will provide early support purchasing up to $2.5B in Fannie/Freddie 30-yr 3s and 3.5s beginning at 9:00 a.m. ET.
8:30 AM Weekly Initial Jobless Claims up 17K to 268K vs the 253K expected.
8:23 AM Talk of privatizing Fannie Mae and Freddie Mac sends shares of the GSEs soaring to 2-year highs.
8:22 AM The eurozone's unemployment rate fell to 9.8% in October, its lowest level since July 2009 ... another factor weighing on Bond prices. .
8:13 AM Economic data this morning ... Weekly Initial Jobless Claims (8:30), ISM Index (10).
8:04 AM Challenger job cuts fell to 26,936 in November, the second lowest since July 2000 and the fewest for any November since 1990.
8:01 AM MBS look to open lower.
8:00 AM S&P futures kick off the last month of 2016 slightly lower after the big post-election rally.
8:00 AM U.S. dollar index 101.28, -0.24.
7:56 AM The 10-yr T Note yield higher at 2.41% from the 2.36% seen at yesterday's close.
7:56 AM WTI oil +$0.74 to $50.18/barrel.
7:54 AM Manufacturing data from China, Japan, Italy and Switzerland all beat expectations in November and is driving Treasury prices lower, yields higher.
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