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MBS Day Ahead: Still Waiting For The Trading Week to Start (Tomorrow)

(Mortgage News Daily) - 4 months, 1 weeks ago
 Posted To: MBS CommentaryCPI, CPI, CPI... The "Consumer Price Index" is the one thing on this week's economic calendar that stood out as a top tier potential market mover. After a few revisions, the lowest-in-years reading of 1.6% for "Core CPI" became 1.7% in June and has held at 1.7% in the 3 subsequent reports. If we see that number finally rise tomorrow, it will be an ominous sign for bond bulls--one that that suggests there may be something to the Fed's assessm...
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