There are no US economic data releases but there are a few Fed speakers on the docket starting with Bostic, Waller and Bowman at 9:30 am ET as part of a Fed Listens event. Then at noon ET, we will hear from Evans.
Right now:
- US 2s +5 bps to 2.57%
- US5s +5 bps to 2.81%
- US10s +4.8 bps to 2.76%
- US30s +3.8 bps to 2.78%
The main focus in broader markets today is on China and growing discontent around the Shanghai lockdown that's set to run until month-end. Food is running scarce and people are angry. There's also no sign of China getting the outbreak under control. That's knocked oil $4.60 lower and S&P 500 futures -0.7%.
