NEIL DAUBY ELECTED TO THE BOARD OF DIRECTORS OF THE FEDERAL RESERVE BANK OF ST. LOUIS

Treasury traders increased hedges for higher 5- and 10-year yields ahead of CPI, as oil-driven inflation risks persist. The 10-year yield held near 4.27%, with weaker bullish positioning. Jack McIntyre of Brandywine Global Investment Management said, “Markets are either going to be focused on inflation or employment… inflation gets all the attention.” Gregory Faranello of Amerivet Securities said, “We are positioned defensive… we don’t believe rates have the ability to sustain a move lower.”

市场消息：美国总统特朗普将于周五美东时间下午6:30参加MAGA INC.会议。