December 23, 2019 Headlines

Treasury prices are modestly higher on light volumes this morning. U.S. equity futures are higher ahead of the open on reports that China plans to cut tariffs on a range of goods, as well pledging to further open several industries to outside investment. Treasuries could be a bit more volatile this week amid $113 billion of new issuance (2’s, 5’s, and 7’s) and relatively light market participation. This will be our last daily commentary of 2019. It’s been a great year, and we wish everyone Happy Holidays and a Happy New Year!

Jason Haley
Chief Investment Officer

Date Event Survey Actual Prior Revised
12/23/2019 Durable Goods Orders 1.50% -2.00% 0.50% 0.20%
12/23/2019 Durables Ex Transportation 0.20% 0.00% 0.50% 0.30%
12/23/2019 Cap Goods Orders Nondef Ex Air 0.10% 0.10% 1.10% —
12/23/2019 Cap Goods Ship Nondef Ex Air 0.00% -0.30% 0.80% 0.70%
12/23/2019 Chicago Fed Nat Activity Index -0.33 0.56 -0.71 -0.76
12/23/2019 New Home Sales 732k — 733k —
12/23/2019 New Home Sales MoM -0.10% — -0.70% —
12/24/2019 Richmond Fed Manufact. Index 1 — -1 —
12/26/2019 MBA Mortgage Applications — — -5.00% —
12/26/2019 Initial Jobless Claims 220k — 234k —
12/26/2019 Continuing Claims 1699k — 1722k —
12/26/2019 Bloomberg Consumer Comfort — — 61.1 —

 

 

 

 

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