Love how the jobs data blew everyone away but now the economy didn't grow as expected BUIT personal consumption rises 3.7% Q/Q. All of the numbers were well below expectations with Core PCE up only 2.2% and PCE excluding food energy and housing was 1.6%.

Treasury is raising $125 billion with $116.4 billion in refunds and $8.6 billion in new cash. Of the offerings, $42 billion will be 10-year notes and they do not expect to have to change the pace of the auctions.