A new CNN survey has found that Americans are “not impressed” with Trump’s stewardship of the economy, “putting him underwater on the nation’s top issue even as he sees ratings among the best of his presidential career on other key priorities.”
Figure 1: "Do you approve or disapprove of the way Donald Trump is handling..."
Source: CNN
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RRP usage inches up to $99.653B this afternoon from Friday's $95.248B - compares to last Wednesday's $78.788B -- lowest level since mid-April 2021. The number of counterparties rebounds to 41 from 33 prior.
Tsy quarterly futures roll from March'25 to June'25 gets underway today with decent volume in 5s. Percentage complete remains low, less than 2% across the curve ahead the "First Notice" date on February 28. Current roll details:
Monday's Europe rates/bond options flow included: