Initial Jobless Claims and International Trade data has been released, the results were not bond market friendly.

Here is a quick recap:

08:30 09Sep10 RTRS-US JOBLESS CLAIMS FELL TO 451,000 SEPT 4 WEEK (CONSENSUS 470,000) FROM 478,000 PRIOR WEEK (PREVIOUS 472,000)
08:30 09Sep10 RTRS-US JOBLESS CLAIMS 4-WK AVG FELL TO 477,750 SEPT 4 WEEK FROM 487,000 PRIOR WEEK (PREVIOUS 485,500)
08:30 09Sep10 RTRS-US CONTINUED CLAIMS FELL TO 4.478 MLN (CON. 4.45 MLN) AUG 28 WEEK FROM 4.480 MLN PRIOR (PREV 4.456 MLN)
08:30 09Sep10 RTRS-US INSURED UNEMPLOYMENT RATE UNCHANGED AT 3.5 PCT IN AUG 28 WEEK (PREV 3.5 PCT)
08:30 09Sep10 RTRS-TABLE-U.S. jobless claims fell in latest week

The Federal Housing Finance Agency (FHFA), conservator of Freddie Mac and Fannie Mae (the Enterprises), has established its final housing goals for the Enterprises in 2010-2011.  FHFA is required by the Housing and Economic Recovery Act of 2008 (HERA) to set such goals for targeted segments of the mortgage market.  

As noted by MND last week: “The new rules establish three goals for single-family, owner-occupied home purchases; one for low-income families, another for very low-income families, and a third for families living in geographical areas with lower-income populations, areas with high concentrations of minority residents, or federal declared disaster areas.  The goal for disaster areas contains a sub-goal to ensure that the needs of lower-income and minority areas are addressed.  A goal has also been established for those low-income families who are refinancing single-family, owner-occupied mortgages.”