Gains Continue As Equities Correct

10Y Futures have touched the best levels since last Friday, with equities continuing to correct lower. Long-end supply and Fed speakers take focus today (ECB decision at 0745ET and subsequent 0830ET presser also of note).

• Dec 10-Yr futures (TY) up 1/32 at 133-09 (L: 133-06.5 / H: 133-12.5). The 2-Yr yield is steady at 0.2163%, 5-Yr is down 0.8bps at 0.8014%, 10-Yr is down 1.4bps at 1.3241%, and 30-Yr is down 1.4bps at 1.9413%.
• A busy Fed speaker slate ahead, though subject matter suggests that current mon-pol content may be limited: SF's Daly and Chicago's Evans each speak (separately) at 1105ET, with Gov Bowman at 1300ET. Fed "Racism and the Economy" event sees appearances by NY's Williams at 1400ET and later Kaplan/Kashkari/Rosengren at 1600ET.
• Atlanta Fed's Bostic broke somewhat from the hawkish FOMC ranks by pushing back in a WSJ interview this morning on a Sept taper decision in light of weaker-than-expected data. Not much of a reaction though suggesting that Sept was no longer considered 'live' after Powell's Jackson Hole speech.
• Supply today: $50B in 4-/8-week bills at 1130ET, with $24B 30Y bond re-open at 1300ET the main event (and following Wed's strong 10Y auction). NY Fed buys ~$6.025B in 4.5-7Y Tsys.
• Data slate centers around jobless claims at 0830ET.