Hit The Snooze Button

It's a pretty quiet day in the middle of a pretty quiet week. As we discussed yesterday, there's very little in the way of scheduled news that might move markets. Today brings the minutes of the January FOMC meeting and those might wiggle things a bit, however, even that won't be until this afternoon.

How quiet is it?

  • the yield on the 10-year note is UNCH at 4.27%
  • the POSX is down 2¢ at 104.06
  • CDG is up 10¢...yes, 10¢...and CDS is down 4¢

Talk about a snoozer!

Again, later today, those FOMC minutes might move things...

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Key Economic Events Week of 4/22

4/23 9:45 ET S&P flash PMIs
4/23 10:00 ET New home sales
4/24 8:30 ET Durable Goods
4/25 8:30 ET Q1 GDP first guess
4/25 10:00 ET Pending home sales
4/26 8:30 ET PCE and Core PCE
4/26 8:30 ET Personal Inc & Spend
4/26 10:00 ET April UMich

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