US Treasuries
- Wednesday’s range for UST 10y: 4.065% – 4.16%, closing at 4.15%
- Wednesday’s range for UST 30y: 4.65% – 4.74%, closing at 4.73%
- Fed’s Miran: says ADP Jobs Data Slightly Better Than Expected
Bloomberg: US to Keep Note, Bond Sales Steady for at Least Several Quarters
Intraday Commentary From Bianco Research
*US ISM SERVICES PRICES PAID INDEX RISES TO THREE-YEAR HIGH
Services inflation? The 10-year yield market is reacting. 4.16%, up 7bps today. As this chart shows, it marches toward the top of the channel. 4.21% would mark the first “higher-high” in six months. Will it happen?
In the News
Bloomberg: Hedge Fund Wannabes Are Opting to Start With Just One Client
SupplyChainBrain: Telsa China Shipments Drop for the Eighth Time in 10 Month
WRALNews: Starbucks’ union workers plan strike next week unless company agrees to a contract
ZeroHedge: Consumer Squeeze Hits Home Renovation Spending As Leading Deck-Maker Shares Collapse
Upcoming US Treasury Supply
Upcoming Fed Speak
- 11/06/2025 at 11:00am EST: Fed’s Williams speaks at Goethe University Frankfurt
- 11/06/2025 at 11:00am EST: Fed’s Barr Participates in Moderated Discussion
- 11/06/2025 at 12:00pm EST: Fed’s Hammack Speaks at the Economic Club of New York
- 11/06/2025 at 03:30pm EST: Fed’s Waller in Panel on Central Banking and Payments
- 11/06/2025 at 04:30pm EST: Fed’s Paulson Speaks on Consumer Finance Institute
- 11/06/2025 at 05:30pm EST: Fed’s Musalem Speaks at a Fireside Chat on Monetary Policy
- 11/07/2025 at 03:00am EST: Fed’s Williams Speaks in Frankfurt
- 11/07/2025 at 07:00am EST: Fed’s Jefferson Speaks on AI and Economy
- 11/07/2025 at 03:00pm EST: Fed’s Miran Speaks on Stablecoins and Monetary Policy
- 11/07/2025 at 10:00am EST: Fed’s Paulson Speaks on Fintech
- 11/07/2025 at 12:00pm EST: Fed’s Bostic Speaks at Atlanta Economics Club
Upcoming Earnings Releases on Thursday, November 6, 2025
Before the Open
