US Treasuries
- UST 10s on Friday closed at 4.20%. The range for the week was 4.155% – 4.295%.
- Our 1st weekly resistance zone of 4.195% – 4.205% held.
- Fed’s Bostic: Says ‘Paramount’ to Return Inflation to 2% Goal
- Fed’s Jefferson: Says Productivity Growth Can Help Curb Inflation
Bloomberg: The Supreme Court Might Be the Model for the New Fed
Bloomberg: How a Former Fed Vice-Chair Is Thinking About the Next Fed Chair
US Treasury Fails
As of 2/05/2026, U.S. Treasury Fails were $21.64 billion and U.S. Agency Fails were $17.03 million.
TIPS by Maturity (data through 1/28/2026)
Week over Week Changes by Maturity
- < 2 years: $23.9 Bn on 1/21/2026 to $23.5 Bn on 1/28/2026 = ($0.4 Bn)
- 2 – 6 years: $3.7 Bn on 1/21/2026 to $2.5 Bn on 1/28/2026 = ($1.2 Bn)
- 6 – 11 years: $1.9 Bn on 1/21/2026 to $3.6 Bn on 1/28/2026= $1.7 Bn
- > 11 years: $1.1 Bn on 1/21/2026 to $1.6 Bn on 1/28/2026 = $0.5 Bn
In the News
Stock Titan: New Insurance Industry Report: Reduced Catastrophe Losses Drive Continued Industry Improvements
FarmPolicyNews: Farm Income to Fall in 2026 Despite Hefty Gov’t Payments
Business Insider: Canadians are staying away from the US – and the drop in travel is getting hard to ignore
Upcoming US Treasury Supply
Tentative Schedule of Treasury Buyback Operations
Upcoming Economic Releases & Fed Speak
- 2/09/2026 at 11:00am EST: NY Fed 1-Yr Inflation Expectations
- 2/09/2026 at 01:30pm EST: Fed’s Waller Speaks on Digital Assets
- 2/09/2026 at 01:30pm EST: Fed’s Miran in Moderated Discussion
- 2/09/2026 at 03:15pm EST: Fed’s Bostic Speaks in Moderated Conversation
- 2/09/2026 at 05:00pm EST: Fed’s Miran in Podcast Interview
- 2/10/2026 at 06:00am EST: NFIB Small Business Optimism
- 2/10/2026 at 08:15am EST: ADP Weekly Employment Change
- 2/10/2026 at 08:30am EST: Import Price Index MoM / YoY / ex Petroleum MoM
- 2/10/2026 at 08:30am EST: Export Price Index YoY / MoM
- 2/10/2026 at 08:30am EST: Employment Cost Index
- 2/10/2026 at 08:30am EST: Retail Sales Advance MoM / Ex Auto MoM / Ex Auto and Gas / Control Group
- 2/10/2026 at 10:00am EST: Business Inventories
- 2/10/2026 at 12:00pm EST: Fed’s Hammack Speaks on Banking and Economic Outlook
- 2/10/2026 at 01:00pm EST: Fed’s Logan Speaks at Asset Management Derivatives Forum
- 2/11/2026 at 07:00am EST: MBA Mortgage Applications
- 2/11/2026 at 08:30am EST: Change in Nonfarm Payrolls / Two-Month Payroll Net Revision
- 2/11/2026 at 08:30am EST: Change in Private Payrolls / Change in Manufact. Payrolls
- 2/11/2026 at 08:30am EST: Nonfarm Payrolls 3-Mo Avg Change
- 2/11/2026 at 08:30am EST: Average Hourly Earnings MoM / YoY
- 2/11/2026 at 08:30am EST: Real Avg Hourly Earnings YoY / Average Weekly Hours All Employees
- 2/11/2026 at 08:30am EST: Real Avg Hourly & Weekly Earnings YoY
- 2/11/2026 at 08:30am EST: Unemployment Rate / Final Benchmark Payrolls Revision
- 2/11/2026 at 08:30am EST: Labor Force Participation Rate / Underemployment Rate
- 2/11/2026 at 10:15am EST: Fed’s Bowman in Moderated Conversation
- 2/11/2026 at 02:00pm EST: Federal Budget Balance
- 2/12/2026 at 08:30am EST: Initial Jobless Claims / 4-Wk Moving Avg / Continuing Claims
- 2/12/2026 at 10:00am EST: Existing Home Sales / MoM
- 2/12/2026 at 07:00pm EST: Fed’s Logan Gives Opening Remarks
- 2/12/2026 at 07:00pm EST: Fed’s Miran Speaks in Moderated Discussion
- 2/13/2026 at 08:30am EST: CPI MoM / YoY; Core CPI MoM / YoY
- 2/13/2026 at 08:30am EST: Real Avg Hourly Earnings YoY / Real Avg Weekly Earnings YoY
Upcoming Earnings Releases for Monday, February 9, 2026
Noteworthy Before-the-Open Earnings Releases
Noteworthy After-the-Close Earnings Releases
