Waiting on ISM Services as Early Data Fails to Inspire
By: Mortgage News Daily | Published: 2026-02-04 14:01:55 | Source: www.mortgagenewsdaily.com
Today’s two key reports are ADP Employment (8:15am ET) and ISM Services (10am ET). The former came out a bit softer than expected, but bonds didn’t react. 15 minutes later, Treasury released financing estimates for the quarter. These were as-expected and unchanged from the previous quarter, but Treasury noted that issuance would likely need to increase in fiscal year…
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