News this coming week will impact Markets in a broad fashion.
ZN can see a larger RT to overhead POs as can ZB (30Yr) should The FED engage in larger YCC interventions, and I believe they will intervene heavily.
Macro Data Ahead:
MONDAY, MAY 16 8:30 am Empire state manufacturing index May
TUESDAY, MAY 17 8:30 am Retail sales April -- 0.8% 8:30 am Retail sales excluding vehicles April 9:15 am Industrial production index April 9:15 am Capacity utilization April 10 am NAHB home builders' index May 10 am Business inventories (revision) March
WEDNESDAY, MAY 18 8:30 am Building permits (SAAR) April 8:30 am Housing starts (SAAR) April 8:30 am Philadelphia Fed manufacturing index May
THURSDAY, MAY 19 8:30 am Initial jobless claims May 14 8:30 am Continuing jobless claims May 7 10 am Existing home sales (SAAR) April
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