From Matthew Graham at Mortgage News Daily: MBS RECAP: Bonds Look Past Weaker Treasury Auction
Today’s relatively calm reaction to a fairly weak 10yr auction continues the recent tradition of bonds NOT freaking out every chance they get. … [30 year fixed 3.28%]
emphasis added
Tuesday:
• At 6:00 AM ET, NFIB Small Business Optimism Index for March.
• At 8:30 AM, The Consumer Price Index for March from the BLS. The consensus is for 0.5% increase in CPI, and a 0.2% increase in core CPI.