04.06.2026 Weekly Market Commentary

written by

Rebecca Erb

published on

February 23, 2026

Stay ahead with the weekly market commentary. Key economic, political, and stock insights to recap last week and prepare for the next.

Today

The MBS prices are slightly higher than Friday Mornings Rate Sheet. 10YR Yield is lower at 4.339. The Dow Jones Industrial Average, S&P 500, and NASDAQ mixed this morning.

Market indications:

UMBS 5.5% 100.4375 (100.046875 last Monday)

30YR Conv Par Rate 6.7486 (6.9406 last Monday)

10yr – 4.339% (4.366 last Monday)

Last Week

Last week: Case-Shiller Home Price Index, PMI, Retail Sales (Delayed), ISM Manufacturing, and Initial Jobless Claims all came in about as expected. ADP jobs and Consumer Confidence came in slightly higher. Non-Farm Payrolls came in much better than expected (178K) and Unemployment dropped to 4.3%.

Monday, ISM Services. Tuesday, Durable-Goods Orders. Wednesday, Fed Speak and Fed Minutes. Thursday, Personal Income, Personal Spending, PCE Index, GDP (Q4), Initial Jobless Claims, and Wholesale Inventories. Friday, CPI, Factory Orders, and Consumer Sentiment.

This Week

Today, Factory Orders. Tuesday, Case-Shiller, Wholesale Inventories, and Consumer Confidence. Thursday, Initial Jobless. Friday, PPI and Construction Spending.

Click here to see this weeks upcoming U.S. Economic Calendar.

Fed Watch

Next FOMC meeting is April 29.

Click here to see the CME FedWatch with the latest probabilityes of FOMC rate moves.