US Treasuries
- 1st daily resistance is 4.23/4.24 67% to hold
- 2nd daily resistance is 4.19/4.20
- 1st weekly resistance at 4.125/4.16 75% to hold
- 1st daily support is 4.30/4.305
- 2nd daily support is 4.33/4.34
- 1st weekly support at 4.33/4.35 86% to hold
- 3rd monthly support at 4.27/4.30
Bloomberg: Powell Staying at Fed Goes Against Historic Norms, Bessent Says
Bloomberg: US Regulators Unveil Plans to Ease Capital Rules for Big Banks
14 trading days since the War began, 10-year yield now up 37 bps. Biggest such rise since late 2024.
Brent/WTI spread at a record
Sam Rines: Brent is always going to dislocate more during periods of Middle East stress as European markets and crude benches are far more reliant on ME for incremental barrels. US grades are largely “stranded” in the market until refined (reason MPC and VLO have performed so well). There is limited capacity to refine in US, so buyers don’t bid up WTI like they do Brent in periods of tightness.
Bloomberg: Position Wash-Outs in Few Manic Minutes Spurred Fed Hike Pricing
The green line shows where the FF curve stands as of right now
In the News
Upcoming US Treasury Supply
Upcoming Economic Releases & Fed Speak
- 3/20/2026 at 06:00am EST: Bloomberg March United States Economic Survey
- 3/21/2026 at 01:30pm EST: Fed’s Powell Award Acceptance Remarks
- 3/23/2026 at 08:30am EST: Chicago Fed Nat Activity Index
- 3/23/2026 at 10:00am EST: Construction Spending MoM
- 3/24/2026 at 08:15am EST: ADP Weekly Employment Change
- 3/24/2026 at 08:30am EST: Philadelphia Fed Non-Manufacturing Activity
- 3/24/2026 at 08:30am EST: Nonfarm Productivity / Unit Labor Costs
- 3/24/2026 at 09:45am EST: S&P Global US Manufacturing PMI / Services PMI / Composite PMI
- 3/24/2026 at 10:00am EST: Richmond Fed Manufacturing Index / Business Conditions
- 3/25/2026 at 07:00am EST: MBA Mortgage Applications
- 3/25/2026 at 08:30am EST: Import Price Index MoM / Import Price Index ex Petroleum MoM
- 3/25/2026 at 08:30am EST: Import Price Index YoY / Export Price Index MoM / Export Price Index YoY
- 3/26/2026 at 08:30am EST: Initial Jobless Claims / 4-Wk Moving Avg / Continuing Claims
- 3/26/2026 at 11:00am EST: Kansas City Fed Manf. Activity
- 3/26/2026 at 07:00pm EST: Fed’s Jefferson Speaks on the US Economy