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What to Watch: NY Fed Williams Outlook, 10Y Note Auction Reopen

US TSYS
  • Tsy futures firmer (TYH4 112-04, +7, 10Y yield 3.9886%), off overnight highs ahead another quiet data session ahead: Wholesale Inventories Trade Sales MoM later this morning at 1000ET.
  • Earlier, MBA mortgage applications bounced a seasonally adjusted 9.9% in the week to Jan 5, having fallen -10.7% in the prior, holiday-distorted week.
  • Fed speak: Fed Williams moderated discussion at 1515ET to discuss economic outlook at an event hosted by several organizations including the Bronx Economic Development Corporation.
  • US treasury auctions: US Tsy $56B 17W Bill auction at 1130ET, $37B 10Y Note re-open auction at 1300ET.

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