Roughly Unchanged After Moderate Headline-Driven Volatility
Roughly Unchanged After Moderate Headline-Driven Volatility
As has been the recent custom, there were dueling headlines concerning the Iran war today with opposing claims regarding the status of the Israel/Lebanon ceasefire. If that sounds like kind of a stretch when it comes to bond market significance, bond traders agreed. That said, it was still traded to some extent. This resulted in mid-day volatility that took bonds from slightly weaker to slightly stronger territory, and then back to being roughly unchanged. Econ data was a relative non-event in the morning, but Friday's data has a slightly better chance of garnering a response.
Roughly Unchanged After Moderate Headline-Driven Volatility
| Time | Event | Period | Actual | Forecast | Prior |
|---|---|---|---|---|---|
| Friday, Apr 10 | |||||
| 12:00AM | Roll Date - UMBS 30YR | ||||
| 8:30AM | Mar m/m Headline CPI (%) | Mar | 0.9% | 0.9% | 0.3% |
| 8:30AM | Mar m/m CORE CPI (%) | Mar | 0.2% | 0.3% | 0.2% |
| 8:30AM | Mar y/y CORE CPI (%) | Mar | 2.6% | 2.7% | 2.5% |
| 8:30AM | Mar y/y Headline CPI (%) | Mar | 3.3% | 3.3% | 2.4% |
| 10:00AM | Feb Factory orders mm (%) | Feb | -0.2% | 0.1% | |
| 10:00AM | Apr Consumer Sentiment (ip) | Apr | 52 | 53.3 | |
| 10:00AM | Apr U Mich conditions | Apr | 55.8 | ||
| 10:00AM | Apr Sentiment: 5y Inflation (%) | Apr | 3.2% | ||
| 10:00AM | Apr Sentiment: 1y Inflation (%) | Apr | 3.8% | ||
| 2:00PM | Mar Federal budget (bl) | Mar | $-156.75B | $-308B | |
| Monday, Apr 13 | |||||
| 10:00AM | Mar Exist. home sales % chg (%) | Mar | 1.7% | ||
| 10:00AM | Mar Existing home sales (ml) | Mar | 4.01M | 4.09M | |
| 6:20PM | Fed Miran Speech | ||||