Treasuries are flat to slightly lower following a strong Non-Farm Payroll report on Friday (313k actual vs 205k expected). Expect heavy supply today as the US treasury plans on auctioning ~$28bln and ~$21bln of 3s and 10s, respectively. In equities, risk appetite has come back with the S&P posting a 47 point gain Friday and futures currently up 10 points. The market will be paying attention to the monthly budget statement later today, with street consensus at -$216bln deficit expected vs -192bln actual last month.
Eric Kruglak
Senior Associate, Investment Management Group
| Date Time | Event | Survey | Actual | |
| 03/12/2018 | Monthly Budget Statement | Feb | -$216.0b | — |
| 03/13/2018 | NFIB Small Business Optimism | Feb | 107.1 | — |
| 03/13/2018 | CPI MoM | Feb | 0.20% | — |
| 03/13/2018 | CPI Ex Food and Energy MoM | Feb | 0.20% | — |
| 03/13/2018 | CPI YoY | Feb | 2.20% | — |
| 03/13/2018 | CPI Ex Food and Energy YoY | Feb | 1.80% | — |
| 03/13/2018 | CPI Index NSA | Feb | 248.936 | — |
| 03/13/2018 | CPI Core Index SA | Feb | 255.8 | — |
| 03/13/2018 | Real Avg Weekly Earnings YoY | Feb | — | — |
| 03/13/2018 | Real Avg Hourly Earning YoY | Feb | — | — |
| 03/14/2018 | MBA Mortgage Applications | 9-Mar | — | — |
| 03/14/2018 | Retail Sales Advance MoM | Feb | 0.30% | — |
| 03/14/2018 | Retail Sales Ex Auto MoM | Feb | 0.40% | — |
| 03/14/2018 | Retail Sales Ex Auto and Gas | Feb | 0.30% | — |
| 03/14/2018 | Retail Sales Control Group | Feb | 0.40% | — |
| 03/14/2018 | PPI Final Demand MoM | Feb | 0.10% | — |
| 03/14/2018 | PPI Ex Food and Energy MoM | Feb | 0.20% | — |
| 03/14/2018 | PPI Ex Food, Energy, Trade MoM | Feb | 0.20% | — |
| 03/14/2018 | PPI Final Demand YoY | Feb | 2.80% | — |
| 03/14/2018 | PPI Ex Food and Energy YoY | Feb | 2.60% | — |
| 03/14/2018 | PPI Ex Food, Energy, Trade YoY | Feb | — | — |
| 03/14/2018 | Business Inventories | Jan | 0.60% | — |
| 03/15/2018 | Empire Manufacturing | Mar | 15 | — |
| 03/15/2018 | Import Price Index MoM | Feb | 0.20% | — |
| 03/15/2018 | Import Price Index ex Petroleum MoM | Feb | 0.30% | — |
| 03/15/2018 | Import Price Index YoY | Feb | 3.50% | — |
| 03/15/2018 | Export Price Index MoM | Feb | 0.20% | — |
| 03/15/2018 | Export Price Index YoY | Feb | — | — |
| 03/15/2018 | Initial Jobless Claims | 10-Mar | 227k | — |
| 03/15/2018 | Continuing Claims | 3-Mar | 1905k | — |
| 03/15/2018 | Philadelphia Fed Business Outlook | Mar | 23 | — |
| 03/15/2018 | Bloomberg Consumer Comfort | 11-Mar | — | — |
| 03/15/2018 | Bloomberg Feb. United States Economic Survey | |||
| 03/15/2018 | NAHB Housing Market Index | Mar | 71 | — |
| 03/15/2018 | Total Net TIC Flows | Jan | — | — |
| 03/15/2018 | Net Long-term TIC Flows | Jan | — | — |
| 03/16/2018 | Housing Starts | Feb | 1290k | — |
| 03/16/2018 | Housing Starts MoM | Feb | -2.70% | — |
| 03/16/2018 | Building Permits | Feb | 1320k | — |
| 03/16/2018 | Building Permits MoM | Feb | -4.10% | — |
| 03/16/2018 | Industrial Production MoM | Feb | 0.40% | — |
| 03/16/2018 | Manufacturing (SIC) Production | Feb | 0.50% | — |
| 03/16/2018 | Capacity Utilization | Feb | 77.70% | — |
| 03/16/2018 | JOLTS Job Openings | Jan | 5950 | — |
| 03/16/2018 | Revisions: JOLTS | |||
| 03/16/2018 | U. of Mich. Sentiment | Mar P | 99 | — |
| 03/16/2018 | U. of Mich. Current Conditions | Mar P | — | — |
| 03/16/2018 | U. of Mich. Expectations | Mar P | — | — |
| 03/16/2018 | U. of Mich. 1 Yr Inflation | Mar P | — | — |
| 03/16/2018 | U. of Mich. 5-10 Yr Inflation | Mar P | — | — |