- The revision to 2016 Q4 GDP came in soft at just 1.9% - unchanged from the initial estimate, but missing estimates of 2.1% - but that's old news as we're just one month away from 2017 Q2.
- More topical is a big gain in consumer confidence in February to 114.8 - the highest level since July 2001.
- Then there's the Chicago PMI, which popped a full 7.1 points to 57.4 in February - the strongest print in more than two years. Helping was a 10.1 advance in New Orders.
- Treasury prices are nevertheless higher, with the 10-year yield lower by 1.7 basis points to 2.348%. TLT +0.35%, TBT -0.7%
- ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, UBT, DLBS, TLO, VUSTX, DLBL, TYBS