US Treasuries
- Thursday’s range for UST 10y: 3.945% – 3.99%, closing at 3.99%
- Thursday’s range for UST 30y: 4.525% – 4.59%, closing at 4.57%.
Conference Call Replay

Click Here to Replay
Intraday Commentary From Jim Bianco
Crude oil now up 10% in the last 48 hours.

Why does it matter? … See the 10-year in the last 24 hours.

In the News
Insurance Business Mag: US insurance sector struck by $101 billion in weather disaster losses
WUSF.org: A new car vs. health insurance? Average family job-based coverage hits $27,000
The Verge: Uber will pay drivers $4,000 to switch to EVs
AgWeb: Breeding for New markets: How University of Minnesota is Working to Boost the Oil Content in Soybeans
Upcoming US Treasury Supply

Tentative Schedule of Treasury Buyback Operations

Upcoming Economic Releases & Fed Speak
US Economic Data Releases Delayed by Government Shutdown:

- 10/18/2025 – 10/30/2025: Fed’s External Communications Blackout
- 10/24/2025 at 08:30am EST: CPI MoM / Core CPI MoM / CPI YoY / Core CPI YoY / Core CPI Index SA
- 10/24/2025 at 09:45am EST: S&P Global US Manufacturing PMI / Services PMI / Composite PMI
- 10/24/2025 at 10:00am EST: New Homes Sales / MoM
- 10/24/2025 at 10:00am EST: U. of Mich. Sentiment / Current Conditions / Expectations
- 10/24/2025 at 10:00am EST: U. of Mich. 1 Yr Inflation / 5-10 Yr Inflation
- 10/24/2025 at 11:00am EST: Kansas City Fed Services Activity
- 10/24/2025 at 11:00am EST: Bloomberg Oct. United States Economic Survey
- 10/24/2025: Building Permits / MoM
- 10/27/2025 at 08:30am EST: Durable Goods Orders / Durables Ex Transportation
- 10/27/2025 at 08:30am EST: Cap Good Orders Nondef ex Air / Cap Goods Ship Nondef Ex Air
- 10/27/2025 at 10:30am EST: Dallas Fed Manf. Activity
- 10/28/2025 at 09:00am EST: FHFA House Price Index MoM
- 10/28/2025 at 09:00am EST: S&P Cotality CS 20-City MoM SA; YoY NSA
- 10/28/2025 at 09:00am EST: S&P Cotality CS US HPI YoY NSA
- 10/28/2025 at 10:00am EST: Richmond Fed Manufact. Index / Business Conditions
- 10/28/2025 at 10:00am EST: Conf. Board Consumer Confidence / Present Situation / Expectations
- 10/28/2025 at 10:30am EST: Dallas Fed Services Activity
- 10/29/2025 at 07:00am EST: MBA Mortgage Applications
- 10/29/2025 at 08:30am EST: Wholesale Inventories MoM
- 10/29/2025 at 08:30am EST: Advance Goods Trade Balance / Exports MoM SA / Imports MoM SA
- 10/29/2025 at 08:30am EST: Retail Inventories MoM
- 10/29/2025 at 08:30am EST: Pending Home Sales MoM / NSA YoY
- 10/29/2025 at 02:00pm EST: FOMC Rate Decision (Upper Bound) (Lower Bound)
- 10/29/2025 at 02:00pm EST: Fed Interest on Reserve Balances Rate
- 10/29/2025 at 02:00pm EST: Fed Reverse Repo Rate
- 10/30/2025 at 08:30am EST: Initial Jobless Claims & GDP Annualized QoQ
- 10/30/2025 at 08:30am EST: Initial Claims 4-Wk Moving Avg & Personal Consumption
- 10/30/2025 at 08:30am EST: Continuing Claims & GDP Price Index & Core PCE Price Index QoQ
- 10/30/2025 at 01:15pm EST: Fed’s Logan Speaks at Bank Funding Conference
Upcoming Earnings Releases for Friday, 10/24/25
Before the Open
