Market awaits tomorrow’s inflation update

Market awaits tomorrow’s inflation update

Aug. 9:

This morning, the Dow traded up slightly and there was very little change in rates relative to Tuesday morning.

Economic calendar

Thursday, Aug. 10

  • Consumer Price Index
  • Weekly Initial Jobless Claims
  • Monthly Budget Statement

Friday, Aug. 11

  • Producer Price Index
  • University of Michigan Consumer Sentiment

Treasury calendar

Tuesday, Aug. 8

  • Yesterday’s $42 billion auction of three-year Treasury notes resulted in a yield of 4.398%, with demand slightly higher than at the previous such auction.

Wednesday, Aug. 9

  • $38 billion auction of 10-year Treasury notes

Thursday, Aug. 10

  • $23 billion auction of 30-year Treasury bonds

By Mike Kraft, Executive Director and Commercial Real Estate Treasurer for Commercial Banking

Your time is valuable. Process rent payments faster and easier online with Story by J.P. Morgan.