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
| Date | Event | Survey | Actual | Prior | Revised |
| 2/26/2026 | Initial Jobless Claims | 216k | 212k | 206k | 208k |
| 2/26/2026 | Initial Claims 4-Wk Moving Avg | — | 220.25k | 219.00k | 219.50k |
| 2/26/2026 | Continuing Claims | 1858k | 1833k | 1869k | 1864k |
| 2/26/2026 | Kansas City Fed Manf. Activity | 2 | — | 0 | — |
| 2/27/2026 | PPI Final Demand MoM | 0.30% | — | 0.50% | — |
| 2/27/2026 | PPI Ex Food and Energy MoM | 0.30% | — | 0.70% | — |
| 2/27/2026 | PPI Ex Food, Energy, Trade MoM | 0.30% | — | 0.40% | — |
| 2/27/2026 | PPI Final Demand YoY | 2.60% | — | 3.00% | — |
| 2/27/2026 | PPI Ex Food and Energy YoY | 3.00% | — | 3.30% | — |
| 2/27/2026 | PPI Ex Food, Energy, Trade YoY | 3.50% | — | 3.50% | — |
| 2/27/2026 | MNI Chicago PMI | 52.1 | — | 54 | — |
| 2/27/2026 | Census Releases Nov. and Dec. Construction Spending Data | ||||
| 2/27/2026 | Construction Spending MoM | 0.20% | — | — | — |
| 2/27/2026 | Kansas City Fed Services Activity | 1 | — | 2 | — |
| 3/2/2026 | S&P Global US Manufacturing PMI | — | — | 51.2 | — |
| 3/2/2026 | ISM Manufacturing | 51.8 | — | 52.6 | — |
| 3/2/2026 | ISM Prices Paid | — | — | 59 | — |
| 3/2/2026 | ISM New Orders | — | — | 57.1 | — |
| 3/2/2026 | ISM Employment | — | — | 48.1 | — |
| 3/03/2026 | Wards Total Vehicle Sales | 15.11m | — | 14.85m | — |
| 3/4/2026 | MBA Mortgage Applications | — | — | 0.40% | — |
| 3/4/2026 | ADP Employment Change | 43k | — | 22k | — |
| 3/4/2026 | S&P Global US Services PMI | — | — | 52.3 | — |
| 3/4/2026 | S&P Global US Composite PMI | — | — | 52.3 | — |
| 3/4/2026 | ISM Services Index | 53.9 | — | 53.8 | — |
| 3/4/2026 | ISM Services Prices Paid | — | — | 66.6 | — |
| 3/4/2026 | ISM Services New Orders | — | — | 53.1 | — |
| 3/4/2026 | ISM Services Employment | — | — | 50.3 | — |
| 3/4/2026 | Fed Releases Beige Book | ||||
| 3/5/2026 | Challenger Job Cuts YoY | — | — | 117.80% | — |
| 3/5/2026 | Challenger Job Cuts Total | — | — | 108435 | — |
| 3/5/2026 | Import Price Index MoM | — | — | 0.10% | — |
| 3/5/2026 | Import Price Index ex Petroleum MoM | — | — | 0.40% | — |
| 3/5/2026 | Import Price Index YoY | — | — | 0.00% | — |
| 3/5/2026 | Export Price Index MoM | — | — | 0.30% | — |
| 3/5/2026 | Export Price Index YoY | — | — | 3.10% | — |
| 3/5/2026 | Nonfarm Productivity | — | — | 4.90% | — |
| 3/5/2026 | Unit Labor Costs | — | — | -1.90% | — |
| 3/5/2026 | Initial Jobless Claims | — | — | 212k | — |
| 3/5/2026 | Initial Claims 4-Wk Moving Avg | — | — | 220.25k | — |
| 3/5/2026 | Continuing Claims | — | — | 1833k | — |