Oil Action: NYMEX crude Oil Action: NYMEX crude has posted fresh trend lows, trading under November 4 base of $75.84, and touching $75.66 lows so far. Traders now look for a push toward the key $75/bbl region.
JOLTS Job Openings data reported September JOLTS Job Openings at 4.735M vs. consensus of 4.800M
U.S. corporate bond update: it's another loaded calendar U.S. corporate bond update: it's another loaded calendar, but neither that nor the refunding supply are taking away from the more bullish bent in Treasuries today. Of note, KFW has a $5 B 10-year to lead today's offerings; it's KFW's second largest sale (after the $6 B in May). Roche Holdings has a $1 B 10-year TAP and a new 30-year. Alibaba has announced a multi-tranche deal. Citigroup has a benchmark 12-year subordinated debt sale. And Macys joined the list with a $550 M 20-year.
Federal Reserve Bank of Minneapolis Bank President speaks at symposium Minneapolis Federal Reserve Bank President Kocherlakota speaks at Stanford's State of the West Symposium being held in Stanford, California on November 13 at 2:45 pm.
Federal Reserve Chairperson Yellen to speak at conference Federal Reserve Chairperson Yellen gives the welcome remarks before the Global Research Forum on International Macroeconomics and Finance being held in Washington, D.C. on November 13 at 12:45 pm.
Federal Reserve Bank President of Philadelphia speaks on economic policy Philadelphia Federal Reserve Bank President Plosser on panel discussing the new normal at the George Washington University & Princeton University--Griswold Center for Economic Policy Studies' Symposium, "The Federal Reserve & Monetary Policy: Traditional & New Tools" on November 13 at 12:30 pm.