MAGAZYN KIESZEŃ (459) 06.24. 2023

Market Wrap-up

Not a lot of data this week other than housing news. The week headlined by Jerome Powell’s Congressional testimony. The range for the 10 year note this week, 3.69% to 3.80%. The economic damage this week was in Europe that stoked the chatter today on recession concerns. Powell wants higher rates; markets remain cautious that the economy may weaken allowing the Fed to continue to step back. For all the Fed speak the rate markets still trade in a narrow range, not discounting a rate increase yet.

Next week, the calendar as much to digest. Treasury will auction 2s, 5s, and 7s Tuesday, Wednesday and Thursday respectively. Tuesday May durable goods orders, Case/Shiller home price index for April, June consumer confidence index, May new home sales. Wednesday weekly MBA mortgage apps. May advance US trade deficit. Thursday weekly jobless claims, final Q1 GDP, May pending home sales. Friday May personal income and spending, May PCE inflation, U. of Michigan final June consumer sentiment index.

Is this the beginning of a selling binge in equity markets that some have been anticipating, the indexes had a very tough week?

This week: The 10 year note yield this week -3 bps; FNMA 6.0 30 year coupon -17 bp, 5.5 30 year coupon -17 bps. The DJIA -572, NASDAQ -203, S&P -62. Gold this week declined $41.00, crude oil declined $2.51. The dollar continued its increase, the dollar index increased 0.32 a strong move. Bitcoin jumped, up 4,806 to 30,817 on settlement of a lawsuit against Coinbase.

 

CENY @ 4:00 PM

10 year note: 3.75% -5 bp

5 year note: 3.99% -5 bp

2 year note: 4.75% -5 bp

30 year bond: 3.82% -6 bp

Libor Rates: 1 month 5.150%; 3 month 5.542%; 6 month 5.682%; 1 year 5.901% (6/22/23)

30 year FNMA 6.0: 101.13 +13 bp (+7 bp from 9:30 am)

30 year FNMA 5.5: 99.89 +20 bp (+16 bp from 9:30 am)

30 year GNMA 5.5: 99.86 +17 bp (+6 bp from 9:30 am)

Dollar/Yuan: $7.1799 +$0.0004

Dollar/Yen: 143.78 +0.67 yen

Dollar/Euro: $1.0890 -$0.0066

Dollar Index: 102.91 +0.53

Gold: $1929.70 +$6.00

Bitcoin: 30,817 +673

Crude Oil: $69.27 -$0.24

DJIA: 33,272.43 -219.28

NASDAQ: 13,492.52 -138.09

S&P 500: 4348.33 -33.56

SOFR Data 06/23: 30-DAY AVERAGE(%): 5.06655, 90-DAY AVERAGE(%): 4.97769, 180-DAY AVERAGE(%): 4.75342, INDEX: 1.08421475

Poland

NAME	VALUE	NET CHANGE	% CHANGE	1 MONTH	1 YEAR	TIME (EDT)
WIG20:IND WIG 20	2,035.00	-40.51	-1.95%	+1.54%	+23.01%	11:15 AM
WIG:IND WSE WIG INDEX	66,273.00	-1,004.20	-1.49%	+1.31%	+26.78%	11:15 AM
WIG30:IND WIG30	2,498.00	-46.72	-1.84%	+1.38%	+22.98%	11:15 A

WALUTY

CURRENCY	VALUE	CHANGE	NET CHANGE	TIME (EDT)
EUR-USD	1.0894	-0.0062	-0.57%	4:59 PM
USD-JPY	143.7000	0.5900	+0.41%	4:59 PM
GBP-USD	1.2714	-0.0034	-0.27%	4:59 PM
AUD-USD	0.6680	-0.0076	-1.12%	4:59 PM
USD-CAD	1.3183	0.0032	+0.24%	4:59 PM
USD-CHF	0.8970	0.0022	+0.25%	4:59 PM

 

USD-MXN

17.1746

-0.0045

-0.03%

4:59 PM

 

 

USD-CZK	21.7315	0.1375	+0.64%	4:59 PM
USD-SKK	27.6530	0.1555	+0.57%	4:59 PM
USD-PLN	4.0749	0.0383	+0.95%	4:59 PM
USD-HUF	339.9000	2.8100	+0.83%	4:59 PM
USD-RUB	84.4532	1.2754	+1.53%	11:04 AM

 

POŻYCZKI HIPOTECZNE

ELITE  21-30 YEAR				ELITE  16-20 YEAR
RATE	15 DAY	30 DAY	45 DAY	RATE	15 DAY	30 DAY	45 DAY
7.625	-3.374	-3.324	-3.194	7.625	-3.920	-3.870	-3.740
7.500	-3.129	-3.079	-2.949	7.500	-3.628	-3.578	-3.448
7.375	-2.769	-2.719	-2.589	7.375	-3.281	-3.231	-3.101
7.250	-2.430	-2.380	-2.250	7.250	-2.964	-2.914	-2.784
7.125	-2.399	-2.349	-2.219	7.125	-2.862	-2.812	-2.682
6.999	-2.232	-2.182	-2.052	6.999	-2.727	-2.677	-2.547
6.875	-1.821	-1.771	-1.641	6.875	-2.309	-2.259	-2.129
6.750	-1.427	-1.377	-1.247	6.750	-2.038	-1.988	-1.858
6.625	-1.389	-1.339	-1.209	6.625	-1.998	-1.948	-1.818
6.500	-1.351	-1.301	-1.171	6.500	-1.940	-1.890	-1.760
6.375	-0.857	-0.807	-0.677	6.375	-1.508	-1.458	-1.328
6.250	-0.397	-0.347	-0.217	6.250	-1.157	-1.107	-0.977
6.125	-0.357	-0.307	-0.177	6.125	-0.731	-0.681	-0.551
5.999	-0.273	-0.223	-0.093	5.999	-0.600	-0.550	-0.420
5.875	0.361	0.411	0.541	5.875	-0.113	-0.063	0.067
5.750	0.932	0.982	1.112	5.750	0.226	0.276	0.406
5.625	0.980	1.030	1.160	5.625	0.819	0.869	0.999
5.500	1.405	1.455	1.585	5.500	1.179	1.229	1.359
5.375	2.107	2.157	2.287	5.375	1.674	1.724	1.854
5.250	2.849	2.899	3.029	5.250	2.161	2.211	2.341
5.125	3.053	3.103	3.233	5.125	2.604	2.654	2.784
5.000	3.696	3.746	3.876	5.000	3.208	3.258	3.388

 

 

	ELITE 11-15 YEAR	ELITE 11-15 YEAR		ELITE  8-10 YEAR
RATE	15 DAY	30 DAY	45 DAY	RATE	15 DAY	30 DAY	45 DAY
7.000	-2.756	-2.706	-2.576	7.000	-2.647	-2.597	-2.467
6.875	-2.533	-2.483	-2.353	6.875	-2.428	-2.378	-2.248
6.750	-2.180	-2.130	-2.000	6.750	-2.093	-2.043	-1.913
6.625	-2.112	-2.062	-1.932	6.625	-2.027	-1.977	-1.847
6.500	-2.066	-2.016	-1.886	6.500	-1.966	-1.916	-1.786
6.375	-2.026	-1.976		6.375	-1.922	-1.872	-1.742
6.250	-1.783	-1.733	-1.603	6.250	-1.699	-1.649	-1.519
6.125	-1.447	-1.397	-1.267	6.125	-1.365	-1.315	-1.185
6.000	-1.346	-1.296	-1.166	6.000	-1.238	-1.188	-1.058
5.875	-1.135	-1.085	-0.955	5.875	-1.033	-0.983	-0.853
5.750	-0.711	-0.661	-0.531	5.750	-0.629	-0.579	-0.449
5.625	-0.317	-0.267	-0.137	5.625	-0.266	-0.216	-0.086
5.500	-0.259	-0.209	-0.079	5.500	-0.216	-0.166	-0.036
5.375	-0.015	0.035	0.165	5.375	0.022	0.072	0.202
5.250	0.423	0.473	0.603	5.250	0.441	0.491	0.621
5.125	0.909	0.959	1.089	5.125	0.915	0.965	1.095
5.000	0.970	1.020	1.150	5.000	0.954	1.004	1.134
4.875	1.339	1.389	1.519	4.875	1.317	1.367	1.497
4.750	1.812	1.862	1.992	4.750	1.772	1.822	1.952
4.625	2.300	2.350	2.480	4.625	2.209	2.259	2.389
4.500	2.346	2.396	2.526	4.500	2.266	2.316	2.446

 

 

Mortgage Rates

30 Yr. Fixed Rate 6.92% -0.03%   Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.92% -0.03 0.00 15 Yr. Fixed 6.30% -0.02 0.00 30 Yr. FHA 6.62% -0.01 0.00 30 Yr. Jumbo 6.72% +0.02 0.00 5/1 ARM 6.90% -0.04 0.00 30 Yr. VA 6.62% -0.03 0.00 Updates Daily – Last Update: 6/23 15 Yr. Fixed Rate 6.30% -0.02%   Rate Change Points Freddie Mac 30 Yr. Fixed 6.67% -0.02 0.00 15 Yr. Fixed 6.03% -0.07 0.00 Updates Weekly – Last Update: 6/22   Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.73% -0.04 0.64 15 Yr. Fixed 6.26% +0.01 0.71 30 Yr. Jumbo 6.80% +0.01 0.49 Updates Weekly – Last Update: 6/21

MBS / Treasuries

UMBS 30YR 5.0 98.44 +0.34   Price / Yield Change MBS UMBS 5.0 98.44 +0.34 UMBS 5.5 99.91 +0.22 GNMA 5.0 98.66 +0.33 GNMA 5.5 99.88 +0.19 Pricing as of: 6/23 5:31PM EST 10 Year US Treasury 3.7370 -0.0600   Price / Yield Change US Treasury 2 YR Treasury 4.750 -0.041 5 YR Treasury 3.993 -0.051 7 YR Treasury 3.873 -0.053 10 YR Treasury 3.737 -0.060 30 YR Treasury 3.811 -0.059 Pricing as of: 6/23 5:31PM EST