Initial jobless claims, Powell and a 30-year auction are on the agenda

<p>Powell might be forced to push back on more-dovish pricing in markets and that will be the main point of interest today. He speaks at 12:30 pm ET and is preceded by Bostic (9:30 am ET) and Barkin (11 am ET), though we've already heard from them since the FOMC.</p><p>On the <a href="https://www.forexlive.com/EconomicCalendar" target="_blank" rel="follow">economic calendar,</a> we will get weekly initial jobless claims at the bottom of the hour. The prior reading was 217K and the consensus is 218K. Even a small miss will be market moving, in part because there's nothing else to focus on today.</p><p>Finally, the US Treasury sells 30-year bonds at 1 pm ET in a $24 billion refunding auction. There's something of a concession already underway with 30s up 4 bps to 4.70% today.</p>

This article was written by Adam Button at www.forexlive.com.