04.20.2026 Weekly Market Commentary

written by

published on

April 20, 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 mixed than Friday Mornings Rate Sheet. 10YR Yield is higher at 4.266. The Dow Jones Industrial Average, S&P 500, and NASDAQ slightly lower this morning on oil prices.

Market indications:

UMBS 5.5% 101.00 (100.6255 last Monday)

30YR Conv Par Rate 6.6363 (6.7031 last Monday)

10yr – 4.266% (4.332 last Monday)

Last Week

Last week Existing Home Sales, NFIB, Home Builder Confidence, and Initial Jobless Claims, Industrial Production, and Capacitary Utilization all came in about as expected. PPI was lower than expected, while Empire State Manufacturing and Philadelphia Fed Manufacturing came in better than expected.

This Week

Very light economic release week: Tuesday, US Retail Sales, Business inventories, and Pending Home Sales. Thursday, Initial Jobless Claims, S&P Services and Manufacturing PMI. Friday, Consumer Sentiment.

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 probabilities of FOMC rate moves.‍

3 Month 10Yr Yield: 4.266

‍