US Treasuries
- UST 10s on Tuesday (1/20/26) hit a high in yield of 4.305% and closed at 4.285%.
- Looking ahead for the week, we have a 1st weekly support zone of 4.255% – 4.26% and a 2nd weekly support zone of 4.28% – 4.29% (80% shot to hold). Our 3rd weekly support zone is 4.335% – 4.34%.
- Our 1st monthly support zone is 4.245% – 4.27% and our 2nd monthly support zone is 4.44% – 4.465% (60% shot to hold).
- We have a 1st weekly resistance zone of 4.155% – 4.165% (50% shot to hold).
Bloomberg: Danish Pension Fund AkademikerPension to Exit US Treasuries
Intraday Commentary From Bianco Research
The market has broken out of its symmetrical triangle.
Blow-up of the breakout
And note it “gapped” through the red line.
Bloomberg just wrote what I’ve been arguing for months. Trump does not like any of his “finalists” for Fed Chairman. He is still looking.
Or, “Door #5”
In the News
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Upcoming US Treasury Supply
Tentative Schedule of Treasury Buyback Operations
Upcoming Economic Releases & Fed Speak
- 1/17/2026 – 1/29/2026: Fed’s External Communications Blackout
- 1/21/2026 at 07:00am EST: MBA Mortgage Applications
- 1/21/2026 at 10:00am EST: Census Releases Sept – Oct Construction Spending on Jan 21
- 1/21/2026 at 10:00am EST: Construction Spending MoM / Pending Home Sales MoM / YoY
- 1/22/2026 at 08:30am EST: BEA to Release Oct-Nov Personal Income on Jan 22
- 1/22/2026 at 08:30am EST: GDP Annualized QoQ / Personal Consumption / GDP Price Index
- 1/22/2026 at 08:30am EST: Core PCE Price Index QoQ / Initial Jobless Claims
- 1/22/2026 at 08:30am EST: Initial Claims 4-Wk Moving Avg / Continuing Claims
- 1/22/2026 at 10:00am EST: BEA to Release Oct.-Nov. Personal Income on Jan. 22
- 1/22/2026 at 10:00am EST: Personal Income / Personal Spending / Real Personal Spending
- 1/22/2026 at 10:00am EST: PCE Price index MoM and YoY / Core PCE Price Index MoM and YoY
- 1/22/2026 at 11:00am EST: Kansas City Fed Manf. Activity
- 1/23/2026 at 06:00am EST: Bloomberg Jan. United States Economic Survey
- 1/23/2026 at 09:45am EST: S&P Global U.S. Manufacturing PMI / S&P Global U.S. Services PMI
- 1/23/2026 at 09:45am EST: S&P Global U.S. Composite PMI
- 1/23/2026 at 10:00am EST: Leading Index
- 1/23/2026 at 10:00am EST: Conference Board releases Oct. and Nov. Leading Index Data
- 1/23/2026 at 10:00am EST: U of Mich. Sentiment / U. of Mich. Current Conditions / U. of Mich. Expectations
- 1/23/2026 at 10:00am EST: U of Mich. 1 Yr Inflation / U of Mich. 5-10 Yr Inflation
- 1/23/2026 at 11:00am EST: Kansas City Fed Services Activity
- 1/26/2026 at 08:30am EST: Chicago Fed to Release TBD Period National Activity Index
- 1/26/2026 at 08:30am EST: Durable Goods Orders / Durables Ex Transportation
- 1/26/2026 at 08:30am EST: Cap Goods Orders Nondef Ex Air / Cap Goods Ship Nondef Ex Air
- 1/26/2026 at 08:30am EST: Dallas Fed Manf. Activity
- 1/27/2026 at 08:15am EST: ADP Weekly Employment Change
- 1/27/2026 at 09:00am EST: FHFA House Price Index MoM
- 1/27/2026 at 09:00am EST: S&P Cotality CS 20-City MoM SA / YoY NSA / US HPI YoY NSA
- 1/27/2026 at 10:00am EST: Richmond Fed Manufact. Index / Business Conditions
- 1/27/2026 at 10:00am EST: Conf. Board Consumer Confidence / Present Situation / Expectations
- 1/27/2026 at 10:30am EST: Dallas Fed Services Activity
Upcoming Earnings Releases for Wednesday, January 21, 2026
Noteworthy Before-the-Open Earnings Releases
Noteworthy After-the-Close Earnings Releases
