US Treasuries
- Treasuries rallied on optimism about the prospect of a ceasefire and lower oil prices
- 10s closed on Thursday at 4.47 [Thursday’s range in 10s: 4.45/4.49]
- 2s closed on Thursday at 4.04 [Thursday’s range in 2s: 4.02/4.075]
- 2y – 5y: + 13 bps
- 2y – 10y: + 42 bps
Conference Call Replay, Featuring Jim Bianco
Intraday News Moving Markets
- Fed’s Barkin: Says He’s Not Seeing Renewed Labor Market Strength
- Fed’s Daly: Says Fed Ready to Respond ‘Either Way’ With Interest Rates
- Fed’s Schmid: Big Question Is How Patient Fed Should Remain on Rates
- Bloomberg: The Mortgage Hedging “Beast’ Is Returning to the Treasury Market
- Last Jobs Report of the Week Tomorrow: Friday (6/5): Change in Nonfarm Payrolls
Commodities
- Gold increased to $4,480 an ounce [82% of its recent high of $5,417 an ounce on 1/28/26]
- Silver increased to $73.86 an ounce [63% of its recent high of $116.70 an an ounce on 1/28/26]
Upcoming US Treasury Supply
In the News
Successful Farming: How Flesh-Eating Screwworms in Cattle Could Raise U.S. Beef Prices
SupplyChainBrain: Panama Canal Considers Water Limits to Thwart El Nino Impacts
Arbor Data Science: Coal in 2026: A Temporary Rebound or Something More?
Upcoming Economic Releases & Fed Speak
- 6/05/2026 at 08:30am EST: Change in Nonfarm Payrolls / Unemployment Rate
- 6/06/2026 at 12:00pm EST: Fed’s Barr Speaks on Supervision & Regulation
- 6/09/2026 at 06:00am EST: NFIB Small Business Optimism
- 6/09/2026 at 08:15am EST: ADP Weekly Employment Change
- 6/09/2026 at 10:00am EST: Existing Home Sales
- 6/10/2026 at 08:30am EST: CPI
- 6/10/2026 at 08:30am EST: PPI
Upcoming Earnings Releases for Friday, June 5, 2026
Noteworthy Before-the-Open Earnings Release
|
Company |
Symbol |
Earnings estimate |
|
ABM Industries |
ABM |
$0.88 per share |