Treasury Auctions (5,7,10,20,30 year)
First on our list for today are the results of the 20-year Treasury Bond auction at 1:00 PM ET. It will give us an indication of investor interest for longer-term debt. If the results show a strong demand for the securities, we should see bond prices improve during early afternoon trading, possibly improving mortgage rates slightly. However, a lackluster interest may lead to an upward revision to mortgage pricing.