Tame initial claims but continuing claims flirting with cycle highs. No hire, no fire labor market still with us

PMIs haven't been that useful this cycle NTL another ugly Chicago PMI print 36

Because of Thanksgiving tomorrow, it will be an early 7y auction at 11:30 am. $44B coming your way

What time are CME interest rate stuff settling today?

Beige Books seems consistent with a Dec cut

Ed Bradford Of the many AI mentions, this one stood out to me

Due to a cooling issue at CyrusOne data centers, our markets are currently halted. Support is working to resolve the issue in the near term and will advise clients of Pre-Open details as soon as they are available.

Looks like the Nov belly squeeze has run its course for now. With month-end extension on deck, 5s getting pounded

It's a refunding month duration extension so more buying than the usual none ref mo

With inflation sticky, confidence is growing that the cut cycle won't extend beyond 3% and USTs adjusting to that reality and pricing a very normal looking yield curve. 1-Year forward chart

Jaxson Dart has to be a made up name

Looks like Bloomberg is giving up on figuring out the exact timing of economic data prints. Best they can offer is a date range

SPG US Services. A more upbeat labor market print than ADP

ISM Services labor market gauge remains below 50 (48.9)