Treasury Note Auction Schedule For Watching Rising Mortgage Rates. 0
What you need to watch for to see if mortgage rates will rise is the 10 year Treasury Note sale date after the end of March. The FED is ending their stimulus program for buying mortgage backed securities and debt which comes in one form as Treasury Notes. The mortgage rate market will be pretty bumpy up until the 1st auction is held without one major buyer which is the FED and that date is April 7th according to the Treasury Note auction schedule. Some of this is explained in this old prediction post mortgage rates will rise by end of 1st quarter 2010. I decided to put out a couple of key dates you should be watching for, but in the mean time get ready to hold on to the interest rate roller coaster for the next month or so.
March 31st — Ends the FED stimulus of being a 1.25 Trillion dollar buyer in the market of our debt.
April 6th — this is the auction date for 3 year Treasury Notes. (are not tied into mortgage rates as much but a good indication of the demand for buying Treasury Notes.
April 7th — 10 Year Treasury Note Auction, the bid day of determining what the demand will be for this debt and one of the key elements tied into mortgage rates. This is also the first auction after the FED pulled out of being a 1.25 Trillion dollar buyer in this market.
Be interested in hearing what you think about this. Hope this helps 
