President's Day - Markets are closed, but an eventful week awaits us

By Kyle Chezum Updated on 9/25/2013

Today the markets are closed becuase of President's day, but we have an eventful week coming up. The week is filled with another round of important economic data, fed-speak, and treasury auctions.

Tuesday morning will bring consumer confidence data and Case Shiller home prices. At 1:00 pm, the 2-year note auction results will be revealed as well as fed-speak from Kockerlakota. In addition to more Fed-Speak than usual later in the week, we'll also get existing home sales, durable goods, new home sales, GDP, and Consumer Sentiment. There is also the 5 and 7 year note auctions.

The bond market is boviously the market to watch for mortgage rates to see if rates will ease or hold steady.