Econ Data Keeping Bonds Flat
Econ Data Keeping Bonds Flat
Although bonds began the day in roughly unchanged territory, they began losing ground shortly thereafter. Things changed at the 9:30am NYSE open as stock losses helped arrest the selling pressure. Then at 10am ET, weaker Consumer Sentiment data helped completely erase the selling.
Calm overnight session and a flat start. MBS up 1 tick (.03) and 10yr up 0.3bps at 4.088.
Have Bonds Found Their Post-Fed Ceiling?
| Time | Event | Period | Actual | Forecast | Prior |
|---|---|---|---|---|---|
| Friday, Nov 07 | |||||
| 3:00AM | Fed Williams Speech | ||||
| 7:00AM | Fed Jefferson Speech | ||||
| 10:00AM | Nov Sentiment: 1y Inflation (%) | Nov | 4.7% | 4.6% | |
| 10:00AM | Nov U Mich conditions | Nov | 52.3 | 59.2 | 58.6 |
| 10:00AM | Nov Sentiment: 5y Inflation (%) | Nov | 3.6% | 3.9% | |
| 10:00AM | Nov Consumer Sentiment (ip) | Nov | 50.3 | 53.2 | 53.6 |
| 11:00AM | Oct Consumer Inflation Expectations | Oct | 3.2% | 3.4% | |
| 3:00PM | Sep Consumer credit (bl) | Sep | $13.09B | $10B | $3.13B |
| 3:00PM | Fed Miran Speech | ||||
| Monday, Nov 10 | |||||
| 12:00PM | WASDE Report (%) | ||||
| 12:00PM | WASDE Report (%) | ||||
| 1:00PM | 3-Yr Note Auction (bl) | 58 | |||
