10-Year Treasury Yield
The 10-year Treasury yield slid on Tuesday as investors looked ahead to the Federal Reserve’s interest rate decision. The benchmark 10-year Treasury yield was down more than 1 basis point at 3.978%, while the 2-year Treasury note yield was less than a basis point lower at 3.488%. The 30-year bond yield also fell more than 2 basis points to 4.545%.
Durable Goods Orders
Delayed. The federal government has suspended all data compilation during the shutdown.
US Dollar Index
The US dollar was mostly weaker overnight, with financial markets on edge ahead of the upcoming Federal Reserve decision. The US Federal Reserve is widely expected to cut interest rates by 25 basis points to a new range of 3.75% to 4.00%. US money markets are pricing in a 99.9% chance of a cut
Case-Shiller Index
National growth in home values continues to slow, with prices now falling in 9 out of the 20 major metro areas tracked by a key index. The value of single-family homes in the U.S. as measured by repeat transactions rose 1.5% in August compared to a year earlier, according to data from the S&P Cotality Case-Shiller Index released Tuesday. That was down from the 1.7% gain registered in July and the slowest annual growth pace since 2023, when home values briefly declined. Among the 20 major metros tracked by Case-Shiller, home values fell on an annual basis in nine, all located in the South and West: Tampa, Phoenix, Miami, San Francisco, Dallas, Denver, San Diego, Seattle, and Los Angeles.
FHFA HPI
U.S. house prices rose 0.4 percent in August, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 2.3 percent from August 2024 to August 2025. The previously reported 0.1 percent price decline in July was revised to 0.0 percent. National house prices rose 0.4% from July to August, according to House Price Index (HPI) data released Tuesday by the Federal Housing Finance Agency (FHFA). House prices rose 2.3% annually in August, the same rate of growth observed in July. House prices rose 4.2% from August 2023 to August 2024, however, reflecting the cooling trend underway nationwide.
Cosumer Confidence he Conference Board Consumer Confidence Index inched down by 1.0 point in October to 94.6 (1985=100) from an upwardly revised 95.6 in September. Consumer confidence edged down in October as the outlook among Americans grew more cautious heading into the year’s final months. The latest Conference Board Consumer Confidence Index slipped by 1 point to 94.6, from 95.6 in September, marking its lowest level since spring. Consumer confidence dips modestly in October with Americans concerned about the future.
Crypto World Bitcoin
Bitcoin and ether fall as Federal Reserve’s October meeting kicks off. Bitcoin has posted three consecutive bullish sessions in the short term, signaling a renewed buying bias in the market that has remained steady. This momentum has been supported by growing institutional interest and increasing optimism that central banks.
MBA Mortage Applicatiosn
mmmmm
US Trade in Goods Adv
Delayed. The federal government has suspended all data compilation during the shutdown.
Retail Inv Adv
Delayed. The federal government has suspended all data compilation during the shutdown.
Wholesale Inv Adv
Delayed. The federal government has suspended all data compilation during the shutdown.
Pending Home Sales
The pending home sales index, a leading indicator of house sales based on contract signings, was unchanged at 74.8 in September. Pending sales of existing US homes stalled in September, suggesting anxiety about the job market kept potential buyers sidelined despite a welcome easing in mortgage rates. An index of contract signings held at 74.8 after climbing a revised 4.2% a month earlier to the highest level since March, according to National Association of Realtors data released Wednesday. Economists expected a 1.2% increase, based on the median estimate in a Bloomberg survey. Contracts to purchase previously owned U.S. homes were unexpectedly unchanged in September, likely as worries about the labor market and economic uncertainty kept prospective buyers on the sidelines despite declining mortgage rates. Pending-homes sales tend to be a leading indicator for previously owned homes, as houses typically go under contract a month or two before they’re sold.
EIA Crude Oil Report
mmmmm
FOMC Meeting 7
The Fed lowered its benchmark overnight borrowing rate by a quarter percentage point at the conclusion of its two-day policy meeting Wednesday, putting it in a range of between 3.75% to 4%. This marks the second time in 2025 that it has slashed rates. Prior to the decision, investors were also betting on another quarter-point cut at the Fed’s December meeting. The Fed cut its overnight rate by 25 basis points. That put the benchmark rate in a range of 3.75%-4%. Fed lowers rates, but Powell suggests move may be the last of 2025. Federal Reserve. Fed cuts rates again, but Powell raises doubts about easing at next meeting.
Hedging Gold
mmmmm
Jobless Initial Claims
mmmmm
PMI Sedrvices Final
mmmmm
ISM Services Index
mmmmm
Fed Balance Sheet
By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. In addition to the rate move, the Fed announced that it would be ending the reduction of its asset purchases – a process known as quantitative tightening – on Dec 1.
Morttage Rates
mmmmm
Non Farm Payroll
mmmmm
|
