• Job Openings
    • 8.098m vs 7.7m f'cast, 7.839m f'cast
  • ISM Services
    • 54.1 vs 53.3 f'cast, 52.1 prev
  • ISM Services Prices
    • 64.4 vs 57.5 f'cast, 58.2 prev

There's nothing good for bonds in any of this morning's data except, perhaps, for the "quits" component of the JOLTS data, which came in a bit lower than last time (lower quits connotes some labor market slack). 

Bonds are selling with 10yr yields up 4.2bps at 4.673 and MBS down a quick quarter of a point.  Both were only modestly weaker so far this morning.