Range-Bound Cruise Control, PM Edition
Range-Bound Cruise Control, PM Edition
Bonds came into the domestic session at slightly weaker levels and held mostly sideways for the entire day. There were no meaningful market movers in play, let alone any meaningful movement. Volume clocked in at the lowest non-holiday level of the year. NOTE: this week's analysis will be shorter and more basic than normal unless something interesting happens.
Range-Bound Cruise Control PM Edition
| Time | Event | Period | Actual | Forecast | Prior |
|---|---|---|---|---|---|
| Tuesday, Dec 23 | |||||
| 8:15AM | ADP Employment Change Weekly | 16.25K | |||
| 8:30AM | Q3 Corporate profits (% ) | Q3 | 0.2% | ||
| 8:30AM | Q3 Core PCE Prices QoQ | Q3 | 2.9% | 2.6% | |
| 8:30AM | Oct Durable goods (%) | Oct | -1.5% | 0.5% | |
| 8:30AM | Oct Core CapEx (%) | Oct | 0.9% | ||
| 8:30AM | Q3 GDP (%) | Q3 | 3.3% | 3.8% | |
| 9:15AM | Oct Industrial Production (%) | Oct | 0.1% | 0.1% | |
| 10:00AM | Dec CB Consumer Confidence (%) | Dec | 91 | 88.7 | |
| 1:00PM | 5-Yr Note Auction (bl) | 70 | |||
| Wednesday, Dec 24 | |||||
| 7:00AM | Dec/19 MBA Purchase Index | Dec/19 | 176.5 | ||
| 7:00AM | Dec/19 Mortgage Market Index | Dec/19 | 315.6 | ||
| 7:00AM | Dec/19 MBA Refi Index | Dec/19 | 1148.3 | ||
| 8:30AM | Dec/13 Continued Claims (k) | Dec/13 | 1897K | ||
| 8:30AM | Dec/20 Jobless Claims (k) | Dec/20 | 223K | 224K | |
| 11:30AM | 7-Yr Note Auction (bl) | 44 | |||
| 2:00PM | Christmas Eve | ||||