- JOLTs Job Openings for January turned out to be 8.863M, which was marginally below the expected 8.9M but was virtually identical to December's figure of 8.889M.
- ADP Employment Change for February displayed an actual increase of 140K jobs but came in below the forecast 150K growth.
- Before Congress, Powell stated that he would like to have more confidence in inflation coming down and that with “a little bit more of data”, the bank would likely be confident to start cutting.
- US Treasury bond yields continue to decline, with the 2-year yield at 4.52%, the 5-year yield at 4.08%, and the 10-year yield at 4.09%.
- On Thursday, markets will monitor weekly Jobless Claims figures, and on Friday, Nonfarm Payroll data from February.
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