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What to Watch: Eager to Hear From Fed Post-Jobs

US TSYS
Tsys trading weaker, extending Fri's post-jobs data sell-off w/ 30YY currently 3.6569% +.0430 ahead the NY open. Bond futures off late overnight lows on heavy volumes: TYH3 already over 745k as markets continue to react to last Fri's jobs data.
  • No significant economic data next few sessions, markets will be eager to hear more from Fed speakers following last Fri's job surge. That said, there are no scheduled Fed speakers today, Fed Chair Powell expected Tue at Economic Club of Washington interview (no text) at 1200ET, Fed VC Barr on financial inclusion (text and moderated Q&A) at 1400ET.
  • Week's Tsy supply starts off with US Tsy $60B 13W, $48B 26W bill auctions at 1130ET today, followed by $40B 3Y Notes Tue, $35B 10Y Wed and $21B 30Y Thu.
  • Earnings cycle continues for stocks, after the close: Simon Property Grp (SPG; $3.14 est), Activision (ATVI; $1.52 est).

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