Morning Traders!
It is Tuesday the 3rd of October, here are some things to look out for today.
Sentiment
Treasuries have stabilized this morning following Monday's selloff, which brought yields close to the highest since 2007.
The dollar had not changed much. Atlanta Fed President Raphael Bostic is scheduled to speak about the economy and inflation, and US job openings data is due.
Loretta Mester, President of the Federal Reserve Bank of Cleveland, stated that the US central bank will most likely need to raise rates again this year and then hold them at higher levels for some time.
Docket
10:00 AM ET
US JOLTS Job Openings for August
Median Forecast: 8.815M | Prior: 8.827M | Range: 9.3M / 8.3M
11:30 AM ET
US sells $44 bln 52-Week Bills
Speakers
8:00 AM ET
Fed's Bostic takes part in a moderated conversation at Leadership Atlanta’s alumni roundtable. Will discuss the economic outlook for 2024, inflation, interest rates, the labor market, and uncertainties.
No livestream.
Audience Q&A: Yes.
Media Q&A: No
Embargoed text: No.
Good luck!
