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UPDATE What to Watch: Jan 6 Final Report, House Rebuttal

US TSYS

Tsys weaker, extending lows into the NY open (30YY 3.6232% +.0782 - December 5 high), light pre-holiday volumes (TYH3 just over 210k).

  • No scheduled Fed speakers today, limited data with NAHB Housing Market Index (34 est) at 1000ET.
  • US Tsy auctions: $54B 13W and $45B 26W bills at 1130ET.
  • Politics: The January 6 Committee will hold its ultimate public meeting today at 1300ET to vote on its final report and deliberate on criminal referrals against former President Donald Trump and his associates.
  • Meanwhile, Axios reports that, “House Republicans are privately plotting to release their own 100+ page rebuttal timed to the Jan. 6 committee report this week” (rumored this Wednesday).
  • President Joe Biden hosts Ecuadorian President Guillermo Lasso at the White House later today.
  • On Friday: Deadline for Congress to reach an agreement on a year-long omnibus spending bill to avoid a shutdown of the federal government hits Friday at 23:59:59.

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