US Treasuries
- UST 10s closed at 4.17% today. Our 1st weekly support zone is 4.19% – 4.205%. We have a 2nd weekly support zone of 4.28% – 4.29% (90% to hold).
- We have a 1st weekly resistance zone of 4.09% – 4.10%.
- On Deck: UST 5yr Note Auction on Tuesday, 12/23/2025
Intraday Commentary From Jim Bianco
Bond market volatility continues to collapse. On Friday, the MOVE closed under 60 for the first time since October 2021.
In the News
SuccessfulFarming: China Imports No U.S. Soybeans for Third Month; Argentine Arrivals Up 634%
UCANR: Beef cattle an dairy producers wary as flesh-eating parasite comes closer to US
ZeroHedge: Pump Baby, Pump! EIA Thinks OPEC Can Produce Farm More Than Anyone Expected
Bloomberg: Why Americans Are Falling Behind on Auto Loans At Their Highest Level Ever
Arbor Data Science: Do We Have an Affordability Crisis?
Upcoming US Treasury Supply
Tentative Schedule of Treasury Buyback Operations
Upcoming Economic Releases & Fed Speak
- 12/23/2025 at 08:15am EST: ADP Weekly Employment Preliminary Estimate
- 12/23/2025 at 08:30am EST: GDP Annualized QoQ / Personal Consumption / GDP Price Index
- 12/23/2025 at 08:30am EST: Core PCE Price Index QoQ / Philadelphia Fed Non-Manufacturing Activity
- 12/23/2025 at 08:30am EST: Durable Goods Orders / Durables Ex Transportation
- 12/23/2025 at 08:30am EST: Cap Goods Orders Nondef Ex Air
- 12/23/2025 at 09:15am EST: Fed to Release Oct. and Nov. Industrial Production on Dec. 23
- 12/23/2025 at 09:15am EST: Industrial Production MoM and Manufacturing (SIC) Production
- 12/23/2025 at 09:15am EST: Capacity Utilization
- 12/23/2025 at 10:00am EST: Richmond Fed Manufact. Index / Richmond Fed Business Conditions
- 12/23/2025 at 10:00am EST: Conf. Board Consumer Confidence / Present Situation / Expectations
- 12/24/2025 at 07:00am EST: MBA Mortgage Applications
- 12/24/2025 at 08:30am EST: Initial Jobless Claims / 4-Wk Moving Avg / Continuing Claims
- 12/29/2025 at 10:00am EST: Pending Home Sales MoM / NSA YoY
- 12/29/2025 at 10:30am EST: Dallas Fed Manf. Activity