End of Day Summary – 4/7/2026

Intraday News  •  April 7, 2026
Edited by Kristen Radosh

Download this Report to Print

US Treasuries

In Late Afternoon News [2:23pm CT]…  

*PAKISTAN FOREIGN MINISTER POSTS ABOUT TALKS IN POST ON X
*PAKISTAN: REQUEST TRUMP TO EXTEND DEADLINE BY TWO WEEKS
*PAKISTAN: REQUESTS IRAN TO OPEN HORMUZ STAIT FOR TWO WEEKS
*PAKISTAN: URGE WARRING PARTIES TO OBSERVE TWO WEEK CEASEFIRE
*PAKISTAN:DIPLOMACY FOR PEACEFUL SETTLEMENT PROGRESSING STEADILY

*TREASURIES RALLY AFTER PAKISTAN URGES US-IRAN CEASEFIRE

10s closed on Tuesday at 4.32
  • 1st daily resistance is 4.305/4.32           50% to hold  
  • 2nd daily resistance is 4.27/4.28            67% to hold
  • 1st weekly resistance at 4.24/4.27         50% to hold
  • 2nd weekly resistance at 4.14/4.17        50% to hold

 

  • 1st monthly resistance at 4.095/4.125    50% to hold
  • 1st daily support is 4.365/4.38               75% to hold
  • 2nd daily support is 4.40/4.41                
  • 1st weekly support at 4.435/4.455         63% to hold

 

  • 1st monthly support 4.465/4.495            50% to hold

 

On Deck Tomorrow, Wednesday, 4/08/26: $39 billion UST 10y Note Auction (Reopening) and FOMC Meeting Minutes 

 

 

Jim Bianco joins the NYSE to discuss how the conflict with Iran is shaping market strategies and economic expectations

 

 

Intraday Commentary From Jim Bianco

 

 

May WTI crude oil futures are now at a new high and up 20% from Friday’s low.

 
A reminder, this metric has to go to zero (or be believed to be heading to zero) for this situation to normalize. April 7th is through 7AM, so not even the majority of the day.
The S&P was down 60 points (-1%) about an hour ago, now down 22 points (-0.34%). Similarly, crude oil is about $3 lower than its peak an hour ago.
Why? The Iranians reversed (and deleted) their posts saying they had cut off communications with the US, expressing hope that there might be an 11th-hour deal.
If the chart above (drone and missile attacks) can go down, or is believed to be about to go down. Then this chart can go up, and things can return to normal.

Upcoming US Treasury Supply

Upcoming Economic Releases & Fed Speak 

22333 Classic Ct.
Lake Barrington, IL 60010
+1 (800) 606-1872
+1 (847) 756-3535 (International)

info@arborresearch.com
BrokerCheck Profile

PRODUCTS

Bianco Research
Arbor Data Science
Arbor Quantitative Analytics
The King Report
Talking Data Podcast

SUBSCRIPTION

Free Trial
Contact Us
Log In

LEGAL

Business Continuity Plan
Privacy Policy
Cookie Policy
Terms and Conditions

© 2026 Arbor Research & Trading, LLC. All rights reserved. This material is for your private information, we are not soliciting any action based upon it. This material should not be redistributed or replicated in any form without the prior consent of Arbor Research & Trading, LLC. The material is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such.