US Treasuries
- Treasury yields climbed higher (led by the long-end) after 30y Bond auction tailed by 1 bps
- Thursday’s range for UST 10y: 4.07% – 4.115%, closing at 4.11%
- Thursday’s range for UST 30y: 4.65% – 4.70%, closing at 4.70%
- Fed’s Daly: Approaches December Rate Call With ‘Open Mind’
- Fed’s Hammack: Says Interest Rates Should Still Weigh on Economy
- Fed’s Kashkari: Says Inflation Too High, Jobs Under Pressure
- Fed’s Musalem: Says Central Bank Must Lean Against Inflation
Bloomberg: October Jobs Report to Skip Unemployment Rate, Hassett Says
Conference Call Replay
Intraday Commentary From Jim Bianco
Is the bond market “waking up?” The MOVE was 66 on October 31, 81 yesterday.
This might be helping raise bond volatility. Exactly 50/50 less than a month before the meeting. I’ll have to look, but seeing the probability of a Fed move exactly 50/50 less than a month before the meeting is unusual (rare). Usually, the issue is settled about what they are going to do this close the meeting.
In the News
OilPrice: IEA Warns Oil Glut Will Be Worse Than Expected
CNN Business: The Trump administration is ‘actively evaluating’ portable mortgages. What you need to know
Zillow: The Hidden Costs of Homeownership Top $16,000 a Year
ZeroHedge: A Tale of Two Consumer Worlds – Captured In a Single Chart
Upcoming US Treasury Supply
Upcoming Fed Speak and Potential Release Times for Economic Reports
- 11/14/2025 at 10:05am EST: Fed’s Schmid Speaks at Energy Conference
- 11/14/2025 at 02:30pm EST: Fed’s Logan Speaks in Fireside Chat
- 11/14/2025 at 03:20pm EST: Fed’s Bostic To Participate in Moderated Conversation
- 11/17/2025 at 09:00am EST: Fed’s Williams Delivers Welcome Remarks
- 11/17/2025 at 01:00pm EST: Fed’s Kashkari Moderates Conversation
- 11/19/2025 at 02:00pm EST: FOMC Meeting Minutes
- 11/19/2025 at 02:00pm EST: Fed’s Williams Delivers Welcome Remarks
- 11/20/2025 at 08:45am EST: Fed’s Hammack Delivers Opening Remarks
- 11/20/2025 at 01:40pm EST: Fed’s Goolsbee Speaks in Moderated Discussion in Indianapolis
Upcoming Earnings Releases on Friday, November 14, 2025
Before the Open
