US Treasuries
- Tuesday’s range for UST 10y: 3.995% – 4.05%, closing at 4.02%
- Tuesday’s range for UST 30y: 4.59% -4.64%, closing at 4.62%
- Fed’s Bowman: Says New Stress Test Proposals Coming Soon
- Fed’s Powell: Says Fed May Stop Shrinking Balance Sheet in Months Ahead
Intraday Commentary From Bianco Research
*POWELL: FED MAY END BALANCE-SHEET RUNOFF IN COMING MONTHS
The hiking cycle drew lots of liquidity out, but notice that since then, we have not seen much movement. The orange line represents the post hiking cycle average.
In the News
Reuters: Auto sector bankruptcies spark fresh scrutiny of Wall Street credit risks
CNBC: K-shaped cars: New vehicle pries top $50,000 while auto loan delinquencies keep rising
Bloomberg: First Rise in US Tractor Sales in Year Lifts Farm Sector Hopes
OilPrice: The $400 Billion Bottleneck: Why AI’s Power Grab Is Stalling at the Turbine
Upcoming US Treasury Supply
Upcoming Economic Releases & Fed Speak
- 10/15/2025 at 07:00am EST: MBA Mortgage Applications
- 10/15/2025 at 08:30am EST: Empire Manufacturing
- 10/15/2025 at 08:30am EST: Real Avg Hourly Earnings YoY / Real Avg Weekly Earnings YoY
- 10/15/2025 at 09:30am EST: Fed’s Miran Speaks at Invest in America Forum
- 10/15/2025 at 12:30pm EST: Fed’s Miran at Nomura Research Forum
- 10/15/2025 at 01:00pm EST: Fed’s Waller Speaks on Artificial Intelligence
- 10/15/2025 at 02:00pm EST: Fed Releases Beige Book
- 10/15/2025 at 02:30pm EST: Fed’s Schmid Holds Townhall Event
- 10/16/2025 at 08:30am EST: Retail Sales Advance MoM / Retail Sales Ex Auto MoM
- 10/16/2025 at 08:30am EST: Retail Sales Ex auto and Gas / Retail Sales Control Group
- 10/16/2025 at 08:30am EST: PPI Final Demand MoM and YoY / PPI Ex Food and Energy MoM and YoY
- 10/16/2025 at 08:30am EST: PPI Ex Food, Energy, Trade MoM and YoY
- 10/16/2025 at 08:30am EST: New York Fed Services Business Activity
- 10/16/2025 at 08:30am EST: Philadelphia Fed Business Outlook
- 10/16/2025 at 08:30am EST: Initial Jobless Claims / 4-Wk Moving Ag / Continuing Claims
- 10/16/2025 at 09:00am EST: Fed’s Waller Speaks at Council on Foreign Relations
- 10/16/2025 at 09:00am EST:Fed’s Barr Speaks on Stablecoins
- 10/16/2025 at 09:00am EST: Fed’s Miran in Moderated Conversation
- 10/16/2025 at 10:00am EST: Fed’s Bowman Speaks at Stress Testing Research Conference
- 10/16/2025 at 10:00am EST: Business Inventories
- 10/16/2025 at 10:00am EST: NAHB Housing Market Index
- 10/16/2025 at 04:15pm EST: Fed’s Governor Stephen Miran in Moderated Discussion
- 10/16/2025 at 06:00pm EST: Fed’s Kashkari Speaks in Town Hall in South Dakota
- 10/17/2025 at 08:30am EST: Housing Starts & Building Permits
- 10/17/2025 at 08:30am EST: Housing Starts MoM & Building Permits MoM
- 10/17/2025 at 08:30am EST: Import Price Index MoM & Import Price Index ex Petroleum
- 10/17/2025 at 08:30am EST: Import Price Index YoY
- 10/17/2025 at 08:30am EST: Export Price Index MoM & Export Price Index YoY
- 10/17/2025 at 09:15am EST: Industrial Production Report Delayed by Government Shutdown
- 10/17/2025 at 12:15pm EST: Fed’s Musalem in Fireside Chat at IIF
- 10/17/2025 at 04:00pm EST: Net Long-term TIC Flows & Total Net TIC Flows
- 10/18/2025 – 10/30/2025: Fed’s External Communications Blackout
- 10/20/2025 at 10:00am EST: Leading Index
- 10/21/2025 at 08:30am EST: Philadelphia Fed Non-Manufacturing Activity
- 10/24/2025 at 08:30am EST: CPI MoM / Core CPI MoM / CPI YoY / Core CPI YoY / Core CPI Index SA
Upcoming Earnings Releases for Wednesday, October 15, 2025
Before the Open
After the Close
