A trio of economic data releases are coming up next, Powell to speak later

<p>Is today the day that 10-year yields hit 5%?</p><p>Economic data will go some of the way towards answering that question, starting with a trio of releases at the bottom of the hour.</p><ul><li>US initial jobless claims, exp 212K</li><li>Philly Fed exp -6.6</li><li>Canada producer prices (prior +1.3% m/m)</li></ul><p>Then it's all about the Fed, including the chairman with a full slate:</p><ul><li>9 am ET Jefferson
</li><li>Noon ET Powell </li><li>1:20 pm ET Goolsbee
</li><li>1:30 pm ET Barr
</li><li>4 pm ET Bostic
</li><li>5:30 pm ET Harker
</li><li>6:40 pm ET Logan</li></ul><p>The blackout starts on Friday and these guys act like they get paid by the word. Somehow former St Louis Fed President Bullard will pop-up as well.</p>

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