Day Ahead in Trading September 9th, 2026 - All eyes on bonds!
Summary
Blake Morrow highlights the bond market's focus on a Treasury buyback announcement expected at 11 a.m. Eastern, with markets anticipating a figure significantly higher than the stated $4 billion minimum. He notes global yield rallies, dollar weakness, and rising oil and gold prices, while the S&P 500 tests critical support near 7,600. Morrow explains that institutional positioning ahead of upcoming CPI and PPI data is driving current volatility and liquidity shifts.
Topics discussed
Intro: Focus on bond market and Treasury buyback announcement
Market moves: Dollar pressure, Euro, and Oil strength
Gold levels and S&P 500 support zones
Global yield rallies and upcoming 11 AM announcement
Institutional positioning and Q4 strategy meetings
Upcoming economic data: PPI, CPI, and volatility outlook
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