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Lock Watch for the Week of 1/21/2019
Lock Watch for the Week of 1/21/2019
 
Volatility-O-Meter:
A short week and an ongoing shutdown might test the defenses of the mortgage market...
 
Economicalendar (all times are Pacific):
Mon, 1/14:      Markets Closed.
Tues, 1/15:     Existing Home Sales (7am).
Weds, 1/16:     Quiet.
Thurs, 1/17:    Jobless Claims (5:30am), PMI Composite Flash (6:45am), Fed Balance Sheet (1:30pm).
Fri, 1/18:        Durable Goods (5:30am) and New Home Sales (7am).
 
10-Year Treasury History
2.78%     Friday's Close
2.69%     One Week Ago
2.91%     One Month Ago
2.54%     One Year Ago
 
Battery Townsley
I know, I know. When you tell people you live near San Francisco and ask them to recall the city's history, they probably first reach for flowers in your hair and Summer of Love.  But if you are ever in the Marin Headlands and care to don a pair of sturdy hiking boots or trail running shoes, you may be impressed and surprised to behold the formidable defenses that once held watch over the entrance to the San Francisco bay.  We're not talking snipers' nests cut into the hillside here.  We're talking massive, reinforced casemates that once housed 16-inch guns like the ones brandished on the Mighty Mo.
Not often filed in the "things you see or think you see when you're ... more

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