by Calculated Risk on 6/01/2021 09:23:00 PM
From Matthew Graham at Mortgage News Daily: MBS RECAP: Bonds a Bit Nervous as Big Data Week Begins
… Bonds seem to be starting out the current week erring on the side of caution, in case the data reignites a bullish case for the labor market. [30 year fixed 3.13%]
o At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
o At 2:00 PM, the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.