Morning Juice – US Session Prep (9th September)

Sentiment
Treasuries fell slightly in the early US session, following similar price action in European bonds, with the US Bureau of Labor Statistics set to release preliminary benchmark revisions of payrolls statistics for the year through March at 10 AM ET time. Tuesday’s highlights include a $58 billion 3-year note auction, the first of three coupon sales this week.

Economists expect to show that US job growth in the year through March was probably far less robust than official figures currently show.

Long-dated Treasuries fell before CPI data coming on Thursday, driving the 30-year yield up 3 basis points to 4.72%, while the two-year yield moves up lbp to 3.50%, modestly steepening the yield curve.

Docket
10 AM ET
US Quarterly Employment & Wages Q1

12:00 ET
EIA STEO Report for September

13:00 ET
US 3-Year Note High Yield
Prior High Yield – 3.669%
Prior B2C – 2.530

Speakers and Events
11:15 ET
BOE Deputy Governor Sarah Breeden participates as moderator in a fireside chat at the Bank for International Settlements Innovation Summit.
No text expected
ECB’s Governor Francois Villeroy speaks at a fireside chat on innovation at the BIS Innovation summit.
No text expected

13:00 ET
Apple’s annual event is expected to stream the reveal of its latest products and services, as well as other announcements. $AAPL

White House Press Sec. Leavitt Speaks

16:00 ET
Trump participates in a Swearing-In Ceremony for the United States Ambassador to Portugal

16:30 ET
Trump signs a Proclamation

Good Luck!