Morning, Traders!
Itis Monday the 11th of September, a quiet start to the week. Nonetheless, here are some things to look out for.
Sentiment
The dollar stumbled this morning as Japanese and Chinese officials stepped up their defense of their ailing currencies, while US Treasury yields rose as investors awaited a key reading of US inflation later this week.
Treasury Secretary Yellen expressed increasing confidence that the United States will be able to contain inflation without causing significant damage to the labor market, citing data showing a steady slowdown in inflation and a new influx of job seekers.
Docket
11:30 AM ET
US sells $69 bln 3-Month Bills
US sells $62 bln 6-Month Bills
1:00 PM ET
US sells $44 bln 3-Year Notes
Good luck!
