It has been a reversal of course from the past 2 days with Treasury yields up 3 bps across the curve.
This follows President Trump’s speech last night, which dashed optimism that the war in Iran would come to an end soon. As well as providing no concrete plans for reopening the Straight of Hormuz. Brent crude has surged 11% this morning and sits back above $111/barrel. Equity futures point to a lower open after the past 2 days of gains. Tomorrow is Good Friday, and the bond market will close early at Noon ET, while the stock market will be closed.
Kirby Hart
Director
| Date | Event | Survey | Actual | Prior | Revised |
| 4/2/2026 | Challenger Job Cuts YoY | — | -78.00% | -71.90% | — |
| 4/2/2026 | Challenger Job Cuts Total | 78327 | 60620 | 48307 | — |
| 4/2/2026 | Trade Balance | -$60.6b | -$57.3b | -$54.5b | -$54.7b |
| 4/2/2026 | Imports MoM | -0.20% | 4.30% | -0.70% | -0.60% |
| 4/2/2026 | Exports MoM | -2.30% | 4.20% | 5.50% | 5.60% |
| 4/2/2026 | Initial Jobless Claims | 212k | 202k | 210k | 211k |
| 4/2/2026 | Initial Claims 4-Wk Moving Avg | 207.00k | 207.75k | 210.50k | 210.75k |
| 4/2/2026 | Continuing Claims | 1837k | 1841k | 1819k | 1816k |
| 4/3/2026 | Change in Nonfarm Payrolls | 65k | — | -92k | — |
| 4/3/2026 | Two-Month Payroll Net Revision | — | — | -69k | — |
| 4/3/2026 | Change in Private Payrolls | 75k | — | -86k | — |
| 4/3/2026 | Change in Manufact. Payrolls | -4k | — | -12k | — |
| 4/3/2026 | Nonfarm Payrolls 3-Mo Avg Chg | — | — | 6k | — |
| 4/3/2026 | Average Hourly Earnings MoM | 0.30% | — | 0.40% | — |
| 4/3/2026 | Average Hourly Earnings YoY | 3.70% | — | 3.80% | — |
| 4/3/2026 | Average Weekly Hours All Employees | 34.3 | — | 34.3 | — |
| 4/3/2026 | Unemployment Rate | 4.40% | — | 4.40% | — |
| 4/3/2026 | Labor Force Participation Rate | 62.10% | — | 62.00% | — |
| 4/3/2026 | Underemployment Rate | 7.90% | — | 7.90% | — |
| 4/3/2026 | S&P Global US Services PMI | 51.1 | — | 51.1 | — |
| 4/3/2026 | S&P Global US Composite PMI | 51.4 | — | 51.4 | — |
| 4/6/2026 | ISM Reschedules March Services PMI to April 6 | ||||
| 4/6/2026 | ISM Services Index | 54.9 | — | 56.1 | — |
| 4/6/2026 | ISM Services Prices Paid | — | — | 63 | — |
| 4/6/2026 | ISM Services New Orders | — | — | 58.6 | — |
| 4/6/2026 | ISM Services Employment | — | — | 51.8 | — |
| 4/7/2026 | ADP Weekly Employment Change | — | — | 10.000k | — |
| 4/7/2026 | Durable Goods Orders | — | — | 0.00% | — |
| 4/7/2026 | Durables Ex Transportation | — | — | 0.40% | — |
| 4/7/2026 | Cap Goods Orders Nondef Ex Air | — | — | — | — |
| 4/7/2026 | Cap Goods Ship Nondef Ex Air | — | — | -0.10% | — |
| 4/7/2026 | NY Fed 1-Yr Inflation Expectations | — | — | 3.00% | — |
| 4/7/2026 | Consumer Credit | — | — | $8.050b | — |
| 4/8/2026 | MBA Mortgage Applications | — | — | -10.40% | — |
| 4/8/2026 | FOMC Meeting Minutes | — | — | — | — |
| 4/9/2026 | Personal Income | — | — | 0.40% | — |
| 4/9/2026 | Personal Spending | — | — | 0.40% | — |
| 4/9/2026 | Real Personal Spending | — | — | 0.10% | — |
| 4/9/2026 | PCE Price Index MoM | — | — | 0.30% | — |
| 4/9/2026 | PCE Price Index YoY | — | — | 2.80% | — |
| 4/9/2026 | Core PCE Price Index MoM | — | — | 0.40% | — |
| 4/9/2026 | Core PCE Price Index YoY | — | — | 3.10% | — |
| 4/9/2026 | Initial Jobless Claims | — | — | 202k | — |
| 4/9/2026 | Initial Claims 4-Wk Moving Avg | — | — | 207.75k | — |
| 4/9/2026 | Continuing Claims | — | — | 1841k | — |
| 4/9/2026 | GDP Annualized QoQ | — | — | 0.70% | — |
| 4/9/2026 | Personal Consumption | — | — | 2.00% | — |
| 4/9/2026 | GDP Price Index | — | — | 3.80% | — |
| 4/9/2026 | Core PCE Price Index QoQ | — | — | 2.70% | — |
| 4/9/2026 | Wholesale Inventories MoM | — | — | -0.50% | — |
| 4/9/2026 | Wholesale Trade Sales MoM | — | — | 0.50% | — |
