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Author Jason Haley

Published

Estimated


The overnight trading session was relatively quiet, and Treasury yields are unchanged to slightly lower to start the day.

Initial jobless claims rose less than expected last week to 212,000, still a historically tame figure. The number of Americans continuing to receive unemployment claims fell more than expected to 1.83 million. Fed Governor Miran and Chicago Fed President Goolsbee will both provide television interviews today, and Fed Vice Chair Boman will testify before the Senate Banking Committee to discuss bank regulation.

Jason Haley
President & Chief Investment Officer

DateEventSurveyActualPriorRevised
2/26/2026Initial Jobless Claims216k212k206k208k
2/26/2026Initial Claims 4-Wk Moving Avg     —220.25k219.00k219.50k
2/26/2026Continuing Claims1858k1833k1869k1864k
2/26/2026Kansas City Fed Manf. Activity2     —0     —
2/27/2026PPI Final Demand MoM0.30%     —0.50%     —
2/27/2026PPI Ex Food and Energy MoM0.30%     —0.70%     —
2/27/2026PPI Ex Food, Energy, Trade MoM0.30%     —0.40%     —
2/27/2026PPI Final Demand YoY2.60%     —3.00%     —
2/27/2026PPI Ex Food and Energy YoY3.00%     —3.30%     —
2/27/2026PPI Ex Food, Energy, Trade YoY3.50%     —3.50%     —
2/27/2026MNI Chicago PMI52.1     —54     —
2/27/2026Census Releases Nov. and Dec. Construction Spending Data    
2/27/2026Construction Spending MoM0.20%     —     —     —
2/27/2026Kansas City Fed Services Activity1     —2     —
3/2/2026S&P Global US Manufacturing PMI     —     —51.2     —
3/2/2026ISM Manufacturing51.8     —52.6     —
3/2/2026ISM Prices Paid     —     —59     —
3/2/2026ISM New Orders     —     —57.1     —
3/2/2026ISM Employment     —     —48.1     —
3/03/2026Wards Total Vehicle Sales15.11m     —14.85m     —
3/4/2026MBA Mortgage Applications     —     —0.40%     —
3/4/2026ADP Employment Change43k     —22k     —
3/4/2026S&P Global US Services PMI     —     —52.3     —
3/4/2026S&P Global US Composite PMI     —     —52.3     —
3/4/2026ISM Services Index53.9     —53.8     —
3/4/2026ISM Services Prices Paid     —     —66.6     —
3/4/2026ISM Services New Orders     —     —53.1     —
3/4/2026ISM Services Employment     —     —50.3     —
3/4/2026Fed Releases Beige Book    
3/5/2026Challenger Job Cuts YoY     —     —117.80%     —
3/5/2026Challenger Job Cuts Total     —     —108435     —
3/5/2026Import Price Index MoM     —     —0.10%     —
3/5/2026Import Price Index ex Petroleum MoM     —     —0.40%     —
3/5/2026Import Price Index YoY     —     —0.00%     —
3/5/2026Export Price Index MoM     —     —0.30%     —
3/5/2026Export Price Index YoY     —     —3.10%     —
3/5/2026Nonfarm Productivity     —     —4.90%     —
3/5/2026Unit Labor Costs     —     —-1.90%     —
3/5/2026Initial Jobless Claims     —     —212k     —
3/5/2026Initial Claims 4-Wk Moving Avg     —     —220.25k     —
3/5/2026Continuing Claims     —     —1833k     —

Jason Haley

Chief Investment Officer

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