We’ve been looking forward to the first week of March since the Feb 13th CPI report because this is the first time since then that we’ll see a top tier economic report capable of providing a meaningful cue for bond market momentum.  If there’s one report in mind to fill that role, it’s Friday’s jobs report.  But there are other worthy lieutenants on each of the preceding three days.  Monday, however, is a dud in terms of scheduled data–a placeholder day while we prepare for higher potential volatility.
Source: Mortgage News Daily