Author Jason Haley
Published December 24, 2024
Estimated
For a second consecutive morning, Treasury yields are leaking 1-2 basis points higher amid light trading. The bond market will close early today at 2pm ET ahead of tomorrow’s holiday, and trading desks throughout the street will be thinly staffed for the rest of the year. As such, this will be the last version of this commentary for 2024. We wish everyone a Merry Christmas and the very best for 2025!
Jason Haley Chief Investment Officer
Date Event Survey Actual Prior Revised 12/24/2024 Philadelphia Fed Non-Manufacturing Activity -2.4 -6 -5.9 — 12/24/2024 Richmond Fed Manufact. Index -10 — -14 — 12/24/2024 Richmond Fed Business Conditions — — 10 — 12/26/2024 Initial Jobless Claims 223k — 220k — 12/26/2024 Continuing Claims 1881k — 1874k — 12/27/2024 Advance Goods Trade Balance -$101.3b — -$99.1b -$98.3b 12/27/2024 Wholesale Inventories MoM 0.10% — 0.20% — 12/27/2024 Retail Inventories MoM 0.30% — 0.10% — 12/30/2024 MNI Chicago PMI 43 — 40.2 — 12/30/2024 Pending Home Sales MoM 0.80% — 2.00% — 12/30/2024 Pending Home Sales NSA YoY 7.90% — 6.60% — 12/30/2024 Dallas Fed Manf. Activity 0 — -2.7 — 12/31/2024 FHFA House Price Index MoM 0.40% — 0.70% — 12/31/2024 S&P CoreLogic CS 20-City MoM SA 0.20% — 0.18% — 12/31/2024 S&P CoreLogic CS 20-City YoY NSA 4.11% — 4.57% — 12/31/2024 S&P CoreLogic CS US HPI YoY NSA — — 3.89% — 12/31/2024 Dallas Fed Services Activity — — 9.8 —
Jason Haley Chief Investment Officer
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