US Treasuries
- Treasuries rallied as Trump canceled attacks on Iran and oil prices retreated
- 10s closed on Thursday at 4.46 [Thursday‘s range in 10s: 4.46/4.55]
- 2s closed on Thursday at 4.06 [Thursday’s range in 2s: 4.06/4.16]
- 2y – 5y: + 12 bps
- 2y – 10y: + 40 bps
Intraday News Moving Markets
- Bloomberg: The ECB Is Jumping at Old Inflation Shadows
- On Deck Tomorrow: Friday (6/12/26): SpaceX IPO
- On Deck Next Week: Tuesday (6/16/26): $13 billion UST 20y Bond (Reopening) Auction and Thursday (6/18/26) $24 billion UST 5y TIPS (Reopening) Auction
- On Deck Next Week: Wednesday (6/17/26): First FOMC Interest-Rate Decision under Chairman Kevin Warsh
Commodities
- Gold increased to $4,166 an ounce [77% of its recent high of $5,417 an ounce on 1/28/26]
- Silver increased to $66.24 an ounce [57% of its recent high of $116.70 an an ounce on 1/28/26]
- Copper increased to $6.36 per pound [95% of its recent high of $6.67 per pound on 6/2/26]
Upcoming US Treasury Supply
In the News
SupplyChainBrain: Oil Crunch Is Stoking Asia’s Demand for Coal, Shipping CEO Says
Redfin.com: Nashville, Miami and Austin- Once Pandemic Homebuying Hotspots – Are This Spring’s Strongest Buyer’s Markets
Upcoming Economic Releases & Fed Speak
- 6/12/2026 at 10:00am EST: U. of Mich. Sentiment / Current Conditions / Expectations
- 6/15/2026 at 08:30am EST: Empire Manufacturing
- 6/15/2026 at 09:15am EST: Industrial & Manufacturing Production / Capacity Utilization
- 6/15/2026 at 10:00am EST: NAHB Housing Market Index
- 6/16/2026 at 08:15am EST: ADP Weekly Employment Change
- 6/16/2026 at 08:30am EST: Housing Starts & Building Permits
- 6/17/2026 at 08:30am EST: Retail Sales
- 6/17/2026 at 08:30am EST: Pending Home Sales
- 6/17/2026 at 01:00pm EST: FOMC Rate Decision
- 6/18/2026 at 08:30am EST: Initial Jobless Claims / Continuing Claims