Industry News
Mortgage Industry News
Monday Market News
04/24/2017
Treasury prices moved lower overnight as the results of the initial round of France’s presidential election helped assuage investor anxiety. Markets will now shift geopolitical focus to the potential US government shutdown with Friday’s deadline looming. Today’s US economic calendar is fairly light from a data perspective but it does include a couple of Fed appearances. Key activity for the rest of the week includes tomorrow’s New Home Sales Report, Thursday’s Durable Goods Orders and International Trade in Goods Reports and Friday’s GDP Report. Currently, the 10yr yield is at 2.268%.
