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MNI BRIEF: Powell Says Watching Spike in Bond Yields
MNI BRIEF: Fed's Powell Says Inflation Expectations Anchored
Month End Rebalancing
Tsy futures getting wonky going into the close still an inside range day so far for month end -- but long end falling back to earlier lows
equities look like they are catching a bid right now:
- DJIA down 300.3 points (-1%) at 29604.04
- S&P E-Mini Future down 15.75 points (-0.43%) at 3613.5
- Nasdaq up 6.2 points (0.1%) at 12154.1
- US 10-Yr yield is up 1 bps at 0.8471%
- US Mar 10Y are down 1.5/32 at 138-4.5