End of Day Summary – 2/20/2026

Intraday News  •  February 20, 2026
Edited by Kristen Radosh & Kylie Leverenz

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US Treasuries

  • UST 10s on Friday closed at 4.08%. The range for the week was 4.015%4.10%
  • 10s have traded in a range of 4.015% / 4.30% for the month.

Zones for next week: 

  • 1st weekly support at 4.12% / 4.135%               80% to hold on the week
    • 2nd weekly support at 4.175% / 4.19%    90% to hold on the week
  • 1st weekly resist at 4.015% / 4.03%                  75% to hold on the week
    • 2nd weekly resist at 3.97% / 3.985%
  • –> 1st monthly resist at 4.12% / 4.14%            this zone has held for last 11 months
  • –> 2nd monthly resist at 4.03% / 4.055%        80% to hold on the week

Bloomberg: Tariff Ruling Fuels Bond-Market Angst by Worsening US Deficit


In the News 

TribLive: Tariffs paid by midsize U.S. companies tripled last year, a JPMorganChase Institute study shows

CNBC: California’s housing crisis has turned RVs into rental properties

CNN: Egg prices have plummeted. That’s great news for consumers – and a crisis for farmers.

BeefMagazine: The development of Oklahoma’s beef cow herd


US Trade Fails

As of 2/19/2026, U.S. Treasury Fails were $17.17 billion and U.S. Agency Fails were $13.25 million


TIPS by Maturity (data through 2/11/2026)

Week over Week Changes by Maturity

  • < 2 years: $25.1 Bn on 2/04/2026 to $24.9 Bn on 2/11/2026 = ($0.2 Bn)
  • 2 – 6 years: $2.0 Bn  on 2/04/2026 to $5.3 Bn on 2/11/2026 = $3.3 Bn
  • 6 – 11 years: $2.7 Bn on 2/04/2026 to $1.5 Bn on 2/11/2026= ($1.2 Bn)
  • > 11 years: $838 Mn on 2/04/2026 to $1.0 Bn on 2/11/2026 = $173 Mn


Upcoming US Treasury Supply

Tentative Schedule of Treasury Buyback Operations


Upcoming Economic Releases & Fed Speak 

Noteworthy After-the-Close Earnings Releases