Daily Economic Update

10/25/2021 6:06 am EDT

Good morning. This is your economic update for Monday, October 25th 2021. Most near-term indicators show that the US is in recession. Notable exceptions include core CPI, real retail sales, and new orders for non-defense capital goods.

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The U.S. 10-year treasury ended yesterday at 1.66%, down 2 bps from the day prior, but 10 bps higher than a week earlier. The 10-yr/3-mo treasury yield curve was 160 bps, down 2 bps compared to the day prior, but up 9 bps compared to last week.You can check out the current bond rates at Bloomberg.

Please check the list of indicators for more details and come back tomorrow for another update.

What does twitter think about the economy?

We are in the process teaching our AI to analyize these tweets. Our AI's preliminary view is that this twitter user is neutral on the economy