Yields are close to unchanged this morning as Thanksgiving and a CME outage limited trading activity.
The CME had an hours-long outage caused by a malfunction of a cooling system at a Chicago-area data center. The outage meant that live pricing for a wide variety of benchmark products was unavailable, slowing trading activity on a day that’s likely to have lighter volumes. As a reminder, the market closes early today at 2 ET.
Hafizan Hamzah
Senior Director, Investment Management Group
| Date | Event | Surv(M) | Actual | Prior |
| 11/24/2025 | Chicago Fed NAI Delayed by Government Shutdown | |||
| 11/24/2025 | Dallas Fed Manf. Activity | -2 | -10.4 | -5 |
| 11/24/2025 | Fed Releases Annual Revision to Industrial Production | |||
| 11/25/2025 | ADP Weekly Employment Preliminary Estimate | |||
| 11/25/2025 | Philadelphia Fed Non-Manufacturing Activity | — | -16.3 | -22.2 |
| 11/25/2025 | Retail Sales Advance MoM | 0.40% | 0.20% | 0.60% |
| 11/25/2025 | Retail Sales Ex Auto MoM | 0.30% | 0.30% | 0.70% |
| 11/25/2025 | Retail Sales Ex Auto and Gas | 0.30% | 0.10% | 0.70% |
| 11/25/2025 | Retail Sales Control Group | 0.30% | -0.10% | 0.70% |
| 11/25/2025 | PPI Final Demand MoM | 0.30% | 0.30% | -0.10% |
| 11/25/2025 | PPI Ex Food and Energy MoM | 0.20% | 0.10% | -0.10% |
| 11/25/2025 | PPI Ex Food, Energy, Trade MoM | 0.30% | 0.10% | 0.30% |
| 11/25/2025 | PPI Final Demand YoY | 2.60% | 2.70% | 2.60% |
| 11/25/2025 | PPI Ex Food and Energy YoY | 2.70% | 2.60% | 2.80% |
| 11/25/2025 | PPI Ex Food, Energy, Trade YoY | 2.90% | 2.90% | 2.80% |
| 11/25/2025 | FHFA House Price Index MoM | 0.20% | 0.00% | 0.40% |
| 11/25/2025 | House Price Purchase Index QoQ | — | 0.20% | 0.00% |
| 11/25/2025 | S&P Cotality CS 20-City MoM SA | 0.10% | 0.13% | 0.19% |
| 11/25/2025 | S&P Cotality CS 20-City YoY NSA | 1.40% | 1.36% | 1.58% |
| 11/25/2025 | S&P Cotality CS US HPI YoY NSA | — | 1.29% | 1.51% |
| 11/25/2025 | Business Inventories | 0.00% | 0.00% | 0.20% |
| 11/25/2025 | Richmond Fed Manufact. Index | -5 | -15 | -4 |
| 11/25/2025 | Richmond Fed Business Conditions | — | -15 | -1 |
| 11/25/2025 | Conf. Board Consumer Confidence | 93.3 | 88.7 | 94.6 |
| 11/25/2025 | Conf. Board Present Situation | — | 126.9 | 129.3 |
| 11/25/2025 | Conf. Board Expectations | — | 63.2 | 71.5 |
| 11/25/2025 | Pending Home Sales MoM | 0.20% | 1.90% | 0.00% |
| 11/25/2025 | Pending Home Sales NSA YoY | -1.20% | -0.40% | 1.50% |
| 11/25/2025 | Dallas Fed Services Activity | — | -2.3 | -9.4 |
| 11/25/2025 | Federal Budget Balance | -$230.0b | -$284.4b | -$257.4b |
| 11/26/2025 | MBA Mortgage Applications | — | 0.20% | -5.20% |
| 11/26/2025 | Initial Jobless Claims | 225k | 216k | 220k |
| 11/26/2025 | Initial Claims 4-Wk Moving Avg | — | 223.75k | 224.25k |
| 11/26/2025 | Continuing Claims | 1963k | 1960k | 1974k |
| 11/26/2025 | Durable Goods Orders | 0.50% | 0.50% | 2.90% |
| 11/26/2025 | Durables Ex Transportation | 0.20% | 0.60% | 0.30% |
| 11/26/2025 | Cap Goods Orders Nondef Ex Air | 0.30% | 0.90% | 0.40% |
| 11/26/2025 | Cap Goods Ship Nondef Ex Air | 0.20% | 0.90% | -0.40% |
| 11/26/2025 | MNI Chicago PMI | 43.6 | 36.3 | 43.8 |
| 11/26/2025 | Fed Releases Beige Book | |||
| 11/27/2025 | List of US Economic Indicators Delayed by Government Shutdown |