• The Interest Rate People

Interest Rates

Treasurys Swaps
10T Forward Rate
Term Last Change Term Last Change Term Last
2 year 2.587% -0.03 2 year 2.623% 2.789% -0.03 1-Yr Fwd 2.96%
3 year 2.649% -0.04 3 year 2.677% 2.837% -0.03 2-Yr Fwd 2.98%
5 year 2.699% -0.04 5 year 2.697% 2.847% -0.04 3-Yr Fwd 3.00%
7 year 2.763% -0.05 7 year 2.718% 2.858% -0.05 4-Yr Fwd 3.03%
10 year 2.819% -0.05 10 year 2.757% 2.894% -0.04 5-Yr Fwd 3.06%
Floating Indices
Term Last Change
1M LIBOR 2.069% -0.01
3M LIBOR 2.312% -0.01
Fed Funds 2.000% 0.00
SOFR 1.900% -0.05

Economic Data

Time (ET)ReportForecastPrevious
Wednesday, August 22
7:00 AMMBA Mortgage Applications---2.0%
8:30 AMExisting Home Sales MoM0.7%-0.6%
2:00 PMFOMC Meeting Minutes
Thursday, August 23
8:30 AMInitial Jobless Claims215k212k
8:30 AMContinuing Claims1735k1721k
9:00 AMFHFA House Price Index MoM0.3%0.2%
9:45 AMMarkit US Manufacturing PMI55.055.3
9:45 AMMarkit US Services PMI56.056.0
9:45 AMMarkit US Composite PMI--55.7
10:00 AMNew Home Sales MoM2.7%-5.3%
Friday, August 24
8:30 AMDurable Goods Orders-0.5%0.8%
8:30 AMDurables Ex Transportation0.5%0.2%
8:30 AMCap Goods Orders Nondef Ex Air0.5%0.2%
8:30 AMCap Goods Ship Nondef Ex Air0.3%0.7%

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Client Testimonials

  • “We had a last-minute hiccup with our Lender when we traded our cap that would have cost us tens of thousands of dollars if not for Pensford. When the Lender refused to remove a previously undisclosed floor, Pensford quickly stepped in and negotiated a new cap with the Lender in exchange for removing the floor.”

    Allvision
  • “Pensford is more than a pricing tool, they actively work with you to develop a sophisticated hedging strategy. Every time we bring a problem to Pensford they always go beyond the original problem, pointing out things we would never have otherwise considered. They go the extra mile to make sure we have all the information we need to make an educated decision. We recommend Pensford to anyone who has derivative needs.”

    Walton Communities
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