US Treasuries
- UST 10s on Thursday closed at 4.25%.
- For tomorrow, our 1st weekly support zone is 4.255% – 4.26% (50% shot to hold) and our 2nd weekly support zone is 4.28% – 4.29% (81% shot to hold).
- Our 1st monthly support zone is 4.245% – 4.27% (69% shot to hold).
- We have a 1st weekly resistance zone of 4.155% – 4.165%.
Bloomberg: Bond Vigilantes Will Control This Affordability Push
Intraday Commentary From Bianco Research
Claims were out earlier this morning. Is something positive happening with the labor market, or is it a measurement problem?
The 4-week average of claims is now just above its half-century lows.
Rick Rieder gaining some traction…
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
- 1/23/2026 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
- 1/28/2026 at 07:00am EST: MBA Mortgage Applications
- 1/28/2026 at 02:00pm EST: FOMC Rate Decision
- 1/28/2026 at 02:00pm EST: Fed Interest on Reserve Balances Rate
- 1/28/2026 at 02:00pm EST: Fed Reverse Repo Rate
- 1/29/2026 at 08:30am EST: Nonfarm Productivity and Unit Labor Costs
- 1/29/2026 at 08:30am EST: Initial Jobless Claims / Initial Claims 4-Wk Moving Avg / Continuing Claims
- 1/29/2026 at 08:30am EST: Trade Balance / Exports MoM / Imports MoM
- 1/29/2026 at 10:00am EST: Factory Orders / Factory Orders Ex Trans
- 1/29/2026 at 10:00am EST: Durable Goods Orders / Durable Goods Ex Transportation
- 1/29/2026 at 10:00am EST: Cap Goods Orders Nondef Ex Air / Cap Goods Ship Nondef Ex Air
- 1/29/2026 at 10:00am EST: Wholesale Inventories MoM / Wholesale Trade Sales MoM
Upcoming Earnings Releases for Friday, January 23, 2026
Noteworthy Before-the-Open Earnings Releases
