US Treasuries
- Wednesday’s range for UST 10y: 4.02% – 4.09%, closing at 4.03%
- Wednesday’s range for UST 30y: 4.665% – 4.745%, closing at 4.68%
- Tomorrow: Thursday, 9/11/25: CPI released at 8:30am EST
- Tomorrow: Thursday, 9/11/25: $22 billion 30y Bond Auction (Reopening)
Join Us For Our Next Conference Call Tomorrow: Thursday, 9/11, featuring Jim Bianco
Intraday Commentary from Jim Bianco
Yesterday, Russia sent drones into Poland’s airspace. Poland shot them down.
Poland is a member of NATO; Article 5 states that an attack on one is considered an attack on all.
Poland is a member of NATO; Article 5 states that an attack on one is considered an attack on all.
Given this … what exactly does Trump mean when he posted ‘here we go?”
Crude oil might have an idea of what Trump means.
It jumped over 1% since this “truth” was posted.
(Russia is still one of the largest oil producers in the world, along with Saudi Arabia and the US.)
(Russia is still one of the largest oil producers in the world, along with Saudi Arabia and the US.)
In the News
Reuters: Japan’s ruling LDP to pick new leader on October 4, Takaichi and Koizumi seen as frontrunners
Bloomberg: Subprime Lender That Caters to Migrants Files for Liquidation
Oil Price: U.S. Power Consumption Set To Hit Record Highs in 2025 and 2026
The Mercury News: America’s housing market gained $20,000,000,000,000 in 5 years
Business Insider: The list of major companies laying off staff this year includes Oracle, Kroger, Nike, Scale AI, and more
Upcoming US Treasury Supply
Tentative Schedule of Treasury Buyback Operations
Upcoming Economic Releases & Fed Speak
- 9/06/2025 – 09/18/2025: Fed’s External Communications Blackout
- 9/11/2025 at 08:30am EST: CPI MoM & CPI Ex Food and Energy MoM
- 9/11/2025 at 08:30am EST: CPI YoY & CPI Ex Food and Energy YoY
- 9/11/2025 at 08:30am EST: CPI Index NSA & CPI Core Index SA
- 9/11/2025 at 08:30am EST: Real Average Hourly Earnings YoY & Real Average Weekly Earnings YoY
- 9/11/2025 at 08:30am EST: Initial Jobless Claims & Initial Jobless Claims 4-Wk Moving Average
- 9/11/2025 at 08:30am EST: Continuing Claims
- 9/11/2025 at 12:00pm EST: Household Change in Net Worth
- 9/11/2025 at 02:00pm EST: Federal Budget Balance
- 9/12/2025 at 10:00am EST: U. of Mich. Sentiment / Current Conditions / Expectations
- 9/12/2025 at 10:00am EST: U. of Mich. 1 Yr Inflation / 5-10 Yr Inflation
- 9/15/2025 at 08:30am EST: Empire Manufacturing
- 9/16/2025 at 08:30am EST: Retail Sales Advance MoM & Retail Sales Ex Auto MoM
- 9/16/2025 at 08:30am EST: Retail Sales Ex Auto and Gas & Retail Sales Control Group
- 9/16/2025 at 08:30am EST: New York Fed Services Business Activity
- 9/16/2025 at 08:30am EST: Import Price Index MoM & Import Price Index ex Petroleum MoM
- 9/16/2025 at 08:30am EST: Import Price Index YoY
- 9/16/2025 at 08:30am EST: Export Price Index MoM & Export Price Index YoY
- 9/16/2025 at 09:15am EST: Industrial Production MoM & Manufacturing (SIC) Production
- 9/16/2025 at 09:15am EST: Capacity Utilization
- 9/16/2025 at 10:00am EST: Business Inventories & NAHB Housing Market Index
- 9/17/2025 at 07:00am EST: MBA Mortgage Applications
- 9/17/2025 at 08:30am EST: Housing Starts and Building Permits
- 9/17/2025 at 02:00pm EST: FOMC Rate Decision
- 9/17/2025 at 02:00pm EST: Fed Interest on Reserve Balances Rate / Fed Reverse Repo Rate
- 9/17/2025 at 02:00pm EST: FOMC Median Rate Forecast: Current Yr / Next Yr / +2 Yrs / + 3 Yrs/ Long-Run