US Treasuries
- Treasury yields climbed higher after weak demand for the 30-year bond auction
- Thursday’s range for UST 10y: 4.215% – 4.25%, closing at 4.24%
- Thursday’s range for UST 30y: 4.78% – 4.83%, closing at 4.815%
- Fed’s Bostic: Sees One Cut in 2025 as Tariff Effects May Persist
Bloomberg: Waller Emerges as Favorite for Fed Chair Among Trump Team
Intraday Commentary from Bianco Research
Waller is the green line. 10% yesterday, 40% now.
Keep in mind, Waller is already a Fed governor. But we’re still going to get an announcement on a replacement Fed governor in the next day or two. If it’s Warsh or Hassett, they can still impress Trump and get the job.
If it is Warsh or Hassett, could we have TWO shadow Fed Chairs? … The person Trump picks in the next day or two, and Waller.
Upcoming US Treasury Supply
Tentative Schedule of Treasury Buyback Operations
In Other News
OilPrice: Indian State Refiners Back Off Russian Oil Busing as U.S. Escalates Tariffs
InsuranceBusinessMag.com: Citizens Property Insurance defeats late hurricane claims in decisive Florida court ruling
Zillow: Homebuilding Momentum Falters in 2025 as Inventory Climbs and Permitting Slows
Fast Company: Over half of older Americans plan to skip retirement
Upcoming Economic Releases & Fed Speak
- 8/08/2025 at 10:20am EST: Fed’s Musalem Speaks on Banking and Credit
- 8/09/2025 at 11:15am EST: Fed’s Bowman Speaks at Kansas Bankers Association
- 8/12/2025 at 06:00am EST: NFIB Small Business Optimism
- 8/12/2025 at 08:30am EST: Real Avg Hourly Earnings YoY / Real Avg Weekly Earnings YoY
- 8/12/2025 at 08:30am EST: CPI MoM / CPI Ex Food and Energy MoM
- 8/12/2025 at 08:30am EST: CPI YoY / CPI Ex Food and Energy YOY
- 8/12/2025 at 08:30am EST: CPI Index NSA / CPI Core Index SA
- 8/12/2025 at 08:30am EST: Federal Budget Balance
- 8/12/2025 at 10:00am EST: Fed’s Barkin Speaks on the Economy
- 8/13/2025 at 00:01am EST: Fed’s Barkin Repeats Remarks on the Economy
- 8/13/2025 at 07:00am EST: MBA Mortgage Applications
- 8/13/2025 at 01:00pm EST: Fed’s Goolsbee Speaks at Monetary Policy Luncheon
- 8/13/2025 at 01:30pm EST: Fed’s Bostic Speaks on the Economic Outlook
- 8/14/2025 at 08:30am EST: PPI Final Demand MoM / PPI Ex Food and Energy MoM
- 8/14/2025 at 08:30am EST: PPI Ex Food, Energy, Trade MoM / PPI Final Demand YoY
- 8/14/2025 at 08:30am EST: PPI Ex Food and Energy YoY / PPI Ex Food, Energy, Trade YoY
- 8/14/2025 at 08:30am EST: Initial Jobless Claims / Initial Claims 4-Wk Moving Avg
- 8/14/2025 at 08:30am EST: Continuing Claims
- 8/14/2025 at 02:00pm EST: Fed’s Barkin speaks in a NABE Webinar
Noteworthy Upcoming Earnings Releases on Friday, 8/8/25
