US Treasuries
- Tuesday’s range for UST 10y: 4.30% – 4.37%, closing at 4.30%
Upcoming US Treasury Supply
Tentative Schedule of Treasury Buyback Operations
Jim Bianco Joins Fox Business to discuss CEOs, Market Strategists & the Market’s Outlook on Tariffs
Intraday Commentary From Jim Bianco
*US MARCH TRADE GAP WIDENS TO RECORD $140.5B; EST. $137.2B
In Other News
Bloomberg: Corporate America Plans Record Stock Buybacks as Turmoil Mounts
US companies are planning to buy back their own shares at a historic clip, opting to return cash to shareholders and provide some support for their stock price in a time of great uncertainty.
OilPrice: Shale Major Sees U.S. Oil Production Peaking
Onshore crude oil production in the United States has peaked, Diamondback Energy has said, expecting output to start declining later this year unless prices reverse course.
EIA: Why California usually pays more at the pump for gasoline
Retail prices for regular grade gasoline in California are consistently higher than in any other state in the continental United States, often exceeding the national average by more than a dollar per gallon.
Arbor Data Science: Investor Flows
Business Insider: Big Four firm PwC is cutting 1,500 jobs because not enough staff are leaving by choice
The Big Four firm PwC is laying off roughly 1,500 employees from its US workforce of 75,000, attributing the 2% workforce reduction to historically low rates of people leaving the firm by choice.
Upcoming Economic Releases & Fed Speak
- 5/07/2025 at 07:00am EST: MBA Mortgage Applications
- 5/07/2025 at 02:00pm EST: FOMC Rate Decision
- 5/07/2025 at 02:00pm EST: Fed Interest on Reserve Balances Rate
- 5/07/2025 at 03:00pm EST: Consumer Credit
- 5/08/2025 at 08:30am EST: Nonfarm Productivity
- 5/08/2025 at 08:30am EST: Unit Labor Costs
- 5/08/2025 at 08:30am EST: Initial Jobless Claims / Initial Claims 4-Wk Moving Avg / Continuing Claims
- 5/08/2025 at 10:00am EST: Wholesale Trade Sales MoM / Wholesale Inventories MoM
- 5/08/2025 at 11:00am EST: NY Fed 1-Yr Inflation Expectations
- 5/09/2025 at 06:15am EST: Fed’s Williams Gives Keynote Address in Reykjavik
- 5/09/2025 at 06:45am EST: Fed’s Barr Gives Speech on AI and the Labor Market
- 5/09/2025 at 08:30am EST: Fed’s Kugler Gives Speech on Maximum Employment
- 5/09/2025 at 10:00am EST: Fed’s Goolsbee Gives Remarks at Fed Listens Event
- 5/09/2025 at 11:30am EST: Fed’s Williams, Waller on Panel at Hoover
- 5/09/2025 at 07:45pm EST: Fed’s Musalem, Hammack, Cook on Panel at Hoover
- 5/12/2025 at 10:25am EST: Fed’s Kugler Speaks in Dublin
- 5/12/2025 at 02:00pm EST: Federal Budget Balance
- 5/13/2025 at 06:00am EST: NFIB Small Business Optimism
- 5/13/2025 at 08:30am EST: Real Avg Weekly Earnings YoY
- 5/13/2025 at 08:30am EST: CPI MoM / CPI Ex Food and Energy MoM / CPI YoY
- 5/13/2025 at 08:30am EST: CPI Ex Food and Energy YoY / CPI Index NSA / CPI Core Index SA
- 5/13/2025 at 08:30am EST: Real Avg Hourly Earnings YoY