Economic News

Friday, November 6, 2026

Static Quote FNMA 30-year 6.50% MBS 101.99 +9 bps

Next week brings another big week for the financial markets.

The high impact events include:

CPI: The October Consumer Price Index will give the markets another important look at inflation and whether price pressures continue to move lower.

PPI: The October Producer Price Index will show inflation pressures at the wholesale level and can influence expectations for future consumer inflation.

Existing Home Sales: This report will provide a fresh look at housing activity and how higher borrowing costs continue to impact buyers and sellers.

Jobless Claims: Weekly unemployment claims remain an important read on the strength of the labor market and whether companies are beginning to slow hiring or increase layoffs.

Treasury Auctions: The bond market will have to absorb another round of Treasury supply, including 3-year, 10-year, and 30-year auctions. The longer-duration auctions will be especially important, with the highly watched 10-year Note and 30-year Bond auctions giving us a fresh read on investor demand.

Bond Market Closure: The bond market will be closed on Wednesday, November 11, 2026, in observance of Veterans Day.

The bottom line? Rates improved nicely after the election, but the next test comes quickly. Inflation data, Treasury supply, and investor demand will all help determine whether this recent improvement in mortgage rates has more room to run.

Fed Fund futures are showing a 76.90% chance of 0.25% raise at December 9th meeting.

U.S. Economic Calendar

FRIDAY, NOVEMBER 6
8:30 AM — Employment Situation (October)
3:00 PM — Federal Reserve Consumer Credit (September)

MONDAY, NOVEMBER 9
1:00 PM — U.S. Treasury 3-Year Note Auction ($58 Billion)

TUESDAY, NOVEMBER 10
8:30 AM — Consumer Price Index (CPI), October
8:30 AM — Real Earnings, October
1:00 PM — U.S. Treasury 10-Year Note Auction ($42 Billion)

WEDNESDAY, NOVEMBER 11
VETERANS DAY — FEDERAL HOLIDAY
U.S. Treasury and fixed-income markets are scheduled to be closed under the SIFMA holiday recommendation.

THURSDAY, NOVEMBER 12
8:30 AM — Initial Jobless Claims
1:00 PM — U.S. Treasury 30-Year Bond Auction ($25 Billion)
4:30 PM — Federal Reserve H.4.1 Statistical Release

FRIDAY, NOVEMBER 13
8:30 AM — Producer Price Index (PPI), October
4:15 PM — Federal Reserve H.8 Statistical Release