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From The CME...T-Bill futures coming October 2
As the Treasury increasingly issues T-Bills to fund short-term obligations, CME Group is launching 13-Week U.S. Treasury Bill futures to meet clients' need for a direct and effective hedging instrument.

Launching October 2*, T-Bill futures will offer a precise way to hedge risks related to yields at auction. Key details include:

A CNBC report

Stock futures inch lower ahead of busy earnings day: Live updates The Dow Jones Industrial Average has just notched six straight positive days and its highest close in 2023.

Some views on the Dollar

Dollar Eases From 16-Month High as Traders Seek Clues on Fed Rate Plans – Republican Daily LONDON—The dollar eased on Monday from an almost 16-month high versus major peers, as traders awaited fresh clues on Federal Reserve interest rate hike plans on the back of red-hot inflation. The dollar had been buoyant since Wednesday, when data showed U.S. consumer prices rose last month at th...

Huge Spike in Consumer Prices.

A 6.2% spike in consumer prices is most in 30 years. Read more here

U.S. consumer prices jump 6.2% in October, the biggest inflation surge in more than 30 years The consumer price index surged 6.2% from a year ago in October, the most since December 1990.

Weekly Claims Still Moving in the Right Direction

Weekly claims better than expected and looking pretty good overall, check out the details!

Weekly jobless claims better than expected in another sign of healing for employment Initial claims for unemployment benefits were expected to total 275,000 for the week ended Oct. 30.

US Fed Announcement Paul Ashworth, Chief US Economist The Fed unveiled its QE taper today, as widely expected, but is still insisting that the surge in inflation is "largely" transitory, which suggests the doves still have the upper hand. As expected, the Fed announced that it will reduce the pace of its asset purchase...

First Look Q3 GDP Not So Good but Weekly Claims Better

The third quarter GDP grew a mere 2%. See the numbers here...

Economic growth rate slows to 2% as supply chain issues take toll The rate of growth for the U.S. economy slowed to its fastest pandemic-era pace in the third quarter, the Commerce Department reported Thursday.

Very Disappointing Jobs Report

Labor Department reports a mere 194,000 jobs versus the 500,000 expected. The unemployment rate drops to 4.8% that may be due to the number dropping out of the work force. ten Year Note Yield climbs to 1.57%. Jeff Cox of CNBC breaks it all out here...

September's jobs report badly misses expectations with payrolls increasing by just 194,000 Nonfarm payrolls were expected to increase by 500,000 in September, according to economists surveyed by Dow Jones.

Jobless Claims Lower

Both weekly and continuing claims move in the right direction. See the breakdown here...

Jobless claims post sharp decline to 326,000, better than expectations Initial filings for jobless benefits were expected to total 345,000 for the week ended Oct. 2, according to economists surveyed by Dow Jones.

A bit of an Increase in Jobless Claims

Weekly claims rise 11,000 and continuing claims also have a bit of a bump up. Here Jeff Cox of CNBC breaks down the numbers.

Weekly jobless claims rise more than expected to 362,000 First-time claims for unemployment insurance were expected to total 335,000 for the week ended Sept. 25, according to economists surveyed by Dow Jones.

How long will pandemic price pressures last? We think a sustained period of inflation in the region of 3-4% over the coming years could be dealt with relatively easily by central banks. But if inflation were to rise much further than this, policymakers would have to raise rates more aggressively and for longer. The subsequent economic damage w...

A few thoughts on the FOMC meeting and Treasuries We doubt that the Fed will spring a surprise today with its communications on tapering or by revising the timing of lift-off in its interest rate projections. But there is considerable uncertainty regarding the Fed’s new projections for interest rates in 2024. Regardless of what they show, we woul...